RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone buying EXRO-WT? Up 70.45% today."
I don't profess to know anything about what I am talking about but I have to go all the way back to a June 23, 2020 news release to find wording of warrants being listed for trading purposes. At that time the listing was on the CSE. I do not see wording in any of the recent financing saying that the warrants were listed for trading. Does that make a difference? Does the Company not have to apply and state that the subject warrants will be listed for trading?" From the Prospectus Supplement dated 28 Jan 22, before the EXRO.WT listing was approved by TSX
"There is currently no market through which the Unit Warrants may be sold and purchasers may not be able to resell the Unit Warrants purchased under this Prospectus Supplement. This may affect the pricing of the Unit Warrants in the secondary market, the transparency and availability of trading prices, the liquidity of the securities, and the extent of issuer regulation. The Company has applied to list the Unit Warrants on the TSX but the TSX has not conditionally approved the listing application and there is no assurance the TSX will approve the listing application."
The first couple of sentences apply to the warrants for the September PO/PP.