RE:RE:RE:RE:RE:RE:Update to Early Warrant Exercise Incentive ProgramI guess they screwed up as the new warrants (initial NR) are still mentioned in the last sentence of the last NR (they're now called incentive warrants).
The present NR lonly states that "Each Eligible Warrant is exercisable for one common share of the Company (each a "Common Share") at a price of $0.09 per Common Share" -> So warrants traded for shares.
However, in the latest NR:
The number of Eligible Warrants to be exercised by insiders of the Company is limited to no more than 10% of the total Eligible Warrants, being 12,201,837 Eligible Warrants, and the Company will issue no more than 1,220,183 Incentive Warrants to insiders under the Program. Insiders presently hold 0.41% of the Eligible Warrants.
Come on Tim, have Stenka proof-read your NRs before sending them out.....
We'll se another NR on this soon......