RE:RE:So let me get this straightSubsequent events
- Subsequent to period end, the Company issued 620,000 common shares as a result of warrant exercises and received gross proceeds of $421,000.
- Subsequent to period end, the Company issued 313,000 common shares as a result of option exercises and received gross proceeds of $319,300
- Subsequent to period end, the Company announced that it proposes to amend the exercise price and expiry date of stock options to purchase a total of 350,000 common shares. The Company proposes to reduce the exercise price of the options from $1.35 to $0.82 and to extend the expiry date of the Options from July 7, 2024, to July 7, 2027. The amendment of the options is subject to the approval of the TSX Venture Exchange
There's another almost 1.3M shares added plus the fact the options are being reduced by 40% to incentivise.