RE:RE:RE:RE:RE:New warrants at 1.10 you are right 8 warrants for 1 share at a strike price of .09 each but unless you were given the warrants at the offering you have to buy them now at .075 each, hence the .165. You are talking down to people about not knowing and stick to buying shares, but you don't seem to understand how it works.
LionWhisperer wrote: No you are talking about two sets of warrants.First ones that are trading now are 8 warrants strike price of 72 cents
Effective today, warrants issued by the company, including its TSX-listed warrants, have also been adjusted proportionately in response to the consolidation. On Sept. 18, 2020, the exercise of eight listed warrants will be required to purchase one postconsolidation common share for an aggregate exercise price of 72 cents per whole common share. The listed warrants continue to trade under their existing Cusip.
Each Unit consists of one common share in the capital of the Company (a “Common Share”, and each Common Share comprising part of a Unit, an “Offered Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price of $1.10 per Warrant Share, subject to adjustment in certain circumstances, at any time prior to 5:00 p.m. (Toronto time) on the date that is thirty-six (36) months following the first Closing
The next warrants are set at