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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by idleSpeculatoron Aug 07, 2003 7:06pm
145 Views
Post# 6306320

RE: Warrants are all at 25 cents, I think

RE: Warrants are all at 25 cents, I thinkOoops, Pat just informed that the July 03 warrants in the list beleow were NOT extended. Sorry if I gave false hopes to anyone who any of those warrnants. (c) Warrants Outstanding: Jul. 03, 2001 1,974,200 @ $0.35 Expire July 03, 2003 Mar. 22, 2002 875,000 @ $0.25 Expire March 22, 2004 Oct. 31, 2002 1,064,000 @$0.25 Expire December 23, 2003 I was right in remebering there were some July warrants Extended, however, the list already reflected this, hence my confusion. see extract from July 22nd NR below Vancouver, B.C. – SCS Solars Computing Systems Inc. (the “Company”) announces that it has received acceptance from the TSX Venture Exchange for an additional extension to the expiry date of 875,000 outstanding non-transferable share purchase warrants from July 22, 2003 to March 22, 2004. Each warrant entitles the holder to acquire one common share of the Company for $0.25. The warrants were issued pursuant to a private placement which was completed on March 22, 2002. Insiders of the Company hold less than 6% of the share purchase warrants. Pat also said "Next ones due are 99% to Insiders, October 22 so there will be no pressure on the market from them". I Not sure if these are on the list under a different date or not, and if not, how many there are. Hope that clears that up, and apologies again. Idle
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