RE:Extremely Solid @Acura001 Good post, but a correction on the warrants as they are priced at $1.10 for 24months with the potential to expire within 30days of the stock trading at $1.35+ for 10 consecutive days. All is good!
That interview was fantastic! Each time Doug talks about the company he leaves us with a strengthen vision of the company. Doug's previous "Blue Sky" $1Billion evaluation is not only exciting, it is now looking like a modest future value.
I posted a section from the Oct 9th, 2020 news article below for an easy reference. Found on Sedar.com
"The Financing will now consist of up to 6,500,000 units (each, a “Unit”) at a price of $1.00 per Unit for gross proceeds of up to $6.5 million. Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to acquire an additional common share at a price of $1.10 for a period of twenty-four (24) months from the closing date. Should the stock price trade over $1.35 per share for a period of ten consecutive trading days, the Company will have the right to accelerate the expiry of the Warrants by providing notice to the holders of the Warrants by news release that the Warrants will expire on the date that is not less than 30 days from the date the notice is provided."