RE:RE:warrantsEach Unit will be offered at a price of $0.07 per Unit (the "Offering Price") and will be comprised of one common share of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.09 for a period of 36 months following the closing date of the Offering
Is the strike price 9cents x 8 = 72cents?
So, 8 warrants + 72 cents = 1 common share.
please correct me if I'm wrong. Thank you.