RE:NO acceleration of Warrants purchase yet.TOCKY8008 wrote: Based on written document.
The warrant repricing news state : " Commencing on July 17, 2024, the exercise price of the Warrants held by holders wishing to participate in this repricing will be reduced to .75 per share.
Those Warrants would also be amended to provide that if at any time before their expiry date, the closing price of the Common Shares on the Toronto Stock Exchange (“TSX”) is greater than .9375...
From that I deduce that the warrants are not reduced YET.
Hence no acceleration clause effective.Any thoughts?
TOCKY8008
Probably be a nr tomorrow mentioning that the acceleration clause has been triggered. The repriced warrants have 30 days from July 17th to be exercised at a new price of .75