Western Magnesium Corp V.WMG.H

Warrants

[splitcore]

Hello all.
My burning question for you folks is: What is the real and true significance of calling in all the warrants at this time???
A new car awaits the correct answer. [Kidding]
Factually, I've owned companies in the past that have gone 'belly up' and they didn't bother calling in outstanding warrants SO I don't believe we are facing death on the 19th.
Could it be consolidation???
Again I wonder whether it would be necessary to clean up warrants before a company CAN consolidate shares? .... legally by the Stock Exchange rules, I mean?
I suppose my third consideration could be that cleaning up the warrants is a requirement from GEM as a loan condition.
OR is it simply a revenue-generating tactic?? ... Wait!  Does the company benefit financially when warrants are exercised? ... Who des get the funds???
Please feel free to ellucidate since the 19th is fast approaching and I'm thinking we're going to take off then and won't be looking back at these cheap shares ever again.
The 19th has to be great news, eh?
Thoughts??
Splitcore.