TSXV:CLAS.H - Post by User
Comment by
Packerfan666on Jan 14, 2019 1:20pm
55 Views
Post# 29228654
RE:RE:RE:RE:RE:Alpinard and Jack
RE:RE:RE:RE:RE:Alpinard and JackThis is one paragraph. It’s one statement. Read it as a whole. It’s talking about exercise price and then when it talks about 1.00 it’s talking about how the company can accelerate them errant expiry
Each 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, 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#S2L5am1W9TgIJbiu.99