RE: news after the bellRe good or bad news, the purchase price for the sale of the Ontario assets has just been sweetened with the grant of the warrants to VTI. In addition, the non-refundable deposit has been increased from $250,000 to $450,000. So if the deal goes through and the purchaser pays the full purchase price on closing, VTI is better off because of the warrants it has acquired. If the deal doesn't close, and given the significant increase in the non-refundable deposit it likely will close, but if it doesn't, VTI is better off because of the size of the non-refundable deposit has been enhanced. In that event, it will have $450,000 in its jeans and retain ownership of the asset.
Its a slam dunk: good news!