Pontus Protein Ltd V.HULK.H

Alternate Symbol(s): HLKKF

Consumer Defensive Farm Products

Pontus Protein Ltd. is a Canada-based agricultural food and technology company focused on creating and acquiring technology. The Company has artificial intelligence (AI)-engineered robots, combined with its proprietary vertical farming. The Company delivers foods and nutrients to every diet in a closed, controlled environment, avoiding all pesticides and genetically modified organisms (GMOs). The Company is focused on production of organic plant-based protein products. It specializes in aquaponic farming through the employment of its closed environment vertical aquaponics system (CEVAS), a network of automated bio-secure indoor aquaponic farms utilizing AI, to produce a non-GMO, organic plant-based protein product called Pontus Protein Powder. Pontus Protein Powder is designed to be added to enhance the nutrition profile of food and drinks, at home or for food producers. Its water lentils are grown without the use of solvents, chemicals, dyes, additives, preservatives, or pesticides.

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Pontus Protein Ltd > Warrants and share

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Comment by 3youtoon Feb 04, 2021 7:24am

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Post# 32468017

RE:RE:RE:RE:RE:RE:RE:Warrants and share

Each Warrant entitles the holder thereof to purchase one additional Share (each, a "Warrant Share") at an exercise price of $0.30 per Warrant Share for a period of two years from the date of closing. The Warrants are also subject to an acceleration provision whereby the expiry of Warrants may be accelerated in the event the daily trading price of the Shares equals or exceeds $0.50 on the Exchange (or such other exchange on which the Shares may be traded) for 20 consecutive trading days after the date that is four months and one day from the closing of the Concurrent Financing, whereby the Company may accelerate the expiry date of the Warrants by giving notice via news release to the holders thereof and, in such case, the Warrants will expire on the 30th day after the date on which the news release is disseminated (the "Acceleration Provision").

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