TSXV:CLAS.H - Post by User
Comment by
Amazighon Jul 30, 2021 5:19am
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Post# 33630875
RE:RE:RE:Update WT
RE:RE:RE:Update WTRed~One wrote: That article says "The exercise price of the warrants will remain the same." I thought the exercise price for 1 post split share would be 20x as well .065 would become the exercise price of $1.30 for the B's and .155 x 20 would be $3.10 for the A's plus you need to supply 20 warrants at whatever you paid for them. So am I wrong? Will I be able to buy a post split share with 20 warrants and .065?
For each of the 20 warrants the exercise price is $0.065. So, if you exercise 20 warrants, then you have to pay 20 x 0.065= $1.30, and will get 1 share for it. It is as if you bought the one share for $1.30 . I hope this clears things up