Ventura Cannabis and Wellness Corp CVHIF

Warrants

[deepowder213]

In my Q-Trade acct. i have 3 different dated warrants May9, Sep. 15 & Oct. 19. These dates appear to be the expiry date. The Sep. 15 warrants appear to have a strike of $0.60, the Oct. 19 warrants have a strike of $0.62. As to the May 9th warrants I am unsure. Talked to a rep. at Q-Trade & the warrants do appear to be non-tradeable but can be exercised by calling your broker. I have traded warrants many times but have not seen a situation quite like this.

[Hiimehab]

How do i sell these warrants? I have to buy them and then sell them?

[dileas48s]

First you arrange with your broker to exercise the warrants. This means you are going to pay the $0.60 or $0.62 per share depending on the tranche.  That money goes to VIBE - they are issuing new shares to you at the warrant price.   Keep in mind if the warrants are in your TFSA or your RSP you have to have the cash in those accounts to make the purchase.  For some, if the cash is

[Hiimehab]

I recieved the "cathedral" shares and warrants this AM. Warrants are non-tradeable and Scotia compliance is looking into how to excercise these warrants.

[dileas48s]

My Scotia iTrade account has also been updated with the first tranche of shares and warrants.  I did have to use Iscfa's corrected ratio to validate the shares (there was one error in my view,  but only for one share).

[Trooperhobo]

same here....thanks to icsfa for the calculations.  still waiting for RBC. 

[Michael4444]

Still waiting for CIBC as well.

[Michael4444]

Thank you for the post.  Do you know if the first tranche of VIBE are tradable, or on a hold?

[Trooperhobo]

I think they are...put a day order in for $2 bucks...still waiting to be filled.

[Jacks10]

Can you let me know what kind of reply they come back to you with?