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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. Its brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company also conducts wholesale bulk sales of dried cannabis to various licensed producers in Canada. Its subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., and Auxly Leamington Inc. The Company’s primary Cannabis 2.0 Product development, manufacturing and R&D activities are conducted by its subsidiary Auxly Charlottetown Inc. at a cannabis processing facility located in Charlottetown, Prince Edward Island. Auxly Ottawa Inc. holds licenses for cultivation and processing and conducts the Company’s primary dried flower and pre-roll manufacturing.


TSX:XLY - Post by User

Bullboard Posts
Comment by longonMJon Nov 08, 2018 2:14am
41 Views
Post# 28941884

RE:RE:RE:XLY warrents hugely undervalued

RE:RE:RE:XLY warrents hugely undervaluedBobby;

Greatly appreciate the info as I will take a closer look at these warrants now that I know some of the details behind them.  Might trade some of my shares in for the warrants, but we'll see.

Are you sure there is no acceleration clause on the ones with the $1.80 strike price?  I thought there was something about the company being able to call them in if the share price was at something like $3.10 (or was it $3.00 only) for 10 consecutive trading days in a row?  

Or it's quite possible that I might be confusing this with something else like one of the debenture issues that cane out around the start of this year?

Bobby1021 wrote:
longonMJ wrote: What are the expiry datesand exercise price for these 2 sets of warrants?

Wouldn't want to be stuck holding them if Auxley still doesn't have any saleable products ready to go in the pipeline by the time they are due to expire, as they would most likely be worthless by then.

Fundy13 wrote: XLY.WT you can buy right now for $0.28, last time XLY was trading at $1.20 they were trading at $0.35.
XLY.WT.A are warrents that expired 5 months sooner have an ask of $0.34 right now.
Huge misprice opportunity, I just bought 17500 warrents if XLYSP  stays put they should go up to $0.35 and when XLY hit $1.40 recently they were trading at $0.40-$0.50.
This could be an easy 50-100% return.


 


 

 

 

XLY.WT.A

-Strike Price of $1.80

-Maturity of January 2020

-1 warrant can be exercised for one common share of Auxly

-No acceleration clause

-Trading on the TSX Venture Exchange under the ticker XLY.WT.A

XLY.WT

-Strike Price of $1.85

-Maturity of May 2020

-1 warrant can be exercised for 1 common share of Auxly

-No acceleration clause

-Trading on the TSX Venture Exchange under the ticker XLY.WT

Thank you,

 

KG

 

Auxly Investor Relations

800.980.1314

www.auxly.com


 

 

XLY.WT.A

-Strike Price of $1.80

-Maturity of January 2020

-1 warrant can be exercised for one common share of Auxly

-No acceleration clause

-Trading on the TSX Venture Exchange under the ticker XLY.WT.A

XLY.WT

-Strike Price of $1.85

-Maturity of May 2020

-1 warrant can be exercised for 1 common share of Auxly

-No acceleration clause

-Trading on the TSX Venture Exchange under the ticker XLY.WT

Thank you,

 

KG

 

Auxly Investor Relations

800.980.1314

www.auxly.com


 



Bullboard Posts