GREY:MRRCF - Post by User
Post by
scottyBoy8on Oct 30, 2018 7:36pm
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Post# 28898127
Acceleration clause
Acceleration clauseEach Warrant will be exercisable to acquire one common share of the Company for a period of three years following the Closing Date (as hereinafter defined) at an exercise price of $2.15 per common share, subject to adjustment in certain events. In the event that the volume weighted average trading price of the Common Shares for 10 consecutive trading days exceeds $3.25, the Company shall have the right to accelerate the expiry date of the Warrants upon not less than 30 days' notice.