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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.


TSXV:TLT - Post by User

Comment by 2b7f6fabon Apr 04, 2022 10:20pm
189 Views
Post# 34575364

RE:Warrant Expiry on 3rd October, 2022

RE:Warrant Expiry on 3rd October, 2022Per footnote 9 to the September, 2021 financials there are 3.159 million warrants at 30 cents that expire sometime in the middle of May 2022.  With todays stock price I would expect these warrants to get exercised.   Bringing $947,700.

Then there are 3.165 million warrants at 50 cents expiring early October 2022.  And another 4.095 million warrants at 50 cents expiring early January 2023.  Combined these two warrant issues would bring $3,630,000. 

And 57.5 million at 35 cents expiring August 2024.  Bringing $20 million.

Infinity wrote: Theralase currently has about 3.15 Million warrants which can be converted at $0.50.   The way the news or the lack of it is going, there is a very good possibility that these warrants will simply expire.....
Next:
Any thoughts on the next set of warrants (17.5 Million warrants) which is good till August 2024 that can be exercised at $ 0.35,  Has any of them been converted to shares already?.  I have not seen any major change in the Market Cap either..


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