60 million .45 warrants become free for exercise mid JulyAt the time work starts could be a damper on shareprice.
private placement of up to 60,606,060 units (the "Units") of Trillion at a price of $0.165 per Unit for aggregate gross proceeds of up to a maximum of $10,000,000 (the "Offering"). Echelon Capital Markets ("Echelon") is acting as financial advisor to Trillion with respect to the Offering. There is no minimum Offering. The Units will be comprised of one (1) common share ("Common Share") and one half (1/2) of one (1) share purchase warrant ("Warrant") of Trillion. Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.45