ZenaTech Inc T.ZENA

Zenabis warrants ZENA.WT exercise price $1.98 April 17, 2022

[buddyboybruce]

Each whole warrant, originally exercisable for one share at $2.75 per share until April 17, 2022, is now exercisable at an effective exercise price of $1.98 per share due to the January 2020 rights offering. Number  Trading - 12,777,777
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Zenabis Global Inc. (TSX-V: ZENA) is another stock that has tradable warrants as ZENA.WT.
There is no question that shares of ZENA have been under extreme pressure in 2019. Zenabis seem to be consolidating within the $1.70 and $1.80 range now as the dust settles. There is a very obvious gap on the chart in the $2.50 range which gives us a first target on a trade. Equity Insight recently published an article on the fundamental case for ZENA which can be read here and outlines the catalysts. Additionally, Zenabis Global intends to up-list its security from the Venture exchange to the main TSX market. There are no lack of catalysts which can push the stock higher and potentially close the gap to the upside.

source:
https://www.equityinsight.ca/Articles/24/
source: 
https://www.canadianwarrants.com/company/xyz/ZENA.html