GREY:UEXCF - Post by User
Post by
invest4funon Jun 13, 2022 12:22pm
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Post# 34752343
my 2 cents worth #4
my 2 cents worth #4The equivalent $0.43 share price of the deal is significant. It's above the $0.40 warrant price set in the Sprott deal none of which have been exercised to date. All of the current outstanding warrants will now be in the money and this translates into close to a $18 million in cash for UEX when they are exercised.
| | outstanding warrants | exercise price | balance outstanding | potential proceeds | warrant expiry | comments |
| | 51,789,342 | | | $17,877,095 | | |
| May 20, 2020 | 6,250,000 | $0.21 | 5,937,500 | $1,312,500 | May 20, 2023 | regular warrants; 1 insider participated in the PP |
| Dec 2, 2020 | 9,249,332 | $0.18 | 2,418,211 | $1,664,880 | Jun 2, 2023 | regular warrants; 2 insiders participated in the PP |
| Dec 2, 2020 | 2,581,631 | $0.13 | 2,581,631 | $335,612 | Jun 3, 2023 | broker warrants |
| Sep 7, 2021 | 36,475,000 | $0.40 | 36,475,000 | $14,590,000 | Sep 7, 2024 | regular warrants |
| Sep 7, 2021 | 4,377,000 | $0.29 | 4,377,000 | $1,269,330 | Sep 7, 2024 | broker warrants |
| Dec 31, 2021 | -6,831,121 | $0.18 | | -$1,229,602 | | warrants exercised to year end 2021 |
| Mar 24, 2022 | -312,500 | $0.21 | | -$65,625 | | warrants exercised Jan 1, 2022 to March 31, 2022 |