TSXV:CLAS.H - Post by User
Post by
Packerfan666on Jan 14, 2019 1:12pm
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Post# 29228599
Here you go
Here you goEach Warrant will be exercisable to acquire one Common Share at an exercise price of C$0.10 per Common Share for a period of two years following the Closing Date, subject to customary adjustments in certain events
The it says that provided if 1 day after the hold period if the shares have traded at 1.00 for 10 consecutive days they can accelerate the original 2 year expiry forcing them to be exercised if not already
, provided that if, at any time following the date that is four months and one day from the Closing Date, the daily volume weighted average trading price of the Common Shares equals or exceeds C$1.00 for any 10 consecutive trading days, the Company may, on prior written notice, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such notice. Any unexercised Warrants shall thereafter automatically expire.
Read more at https://www.stockhouse.com/news/press-releases/2019/01/11/kalytera-announces-private-placement-of-common-shares-and-common-share-purchase#vxZz8udlLbsz2A1Y.99