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Bullboard - Stock Discussion Forum Delta 9 Cannabis Inc DLTNF

Delta 9 Cannabis Inc. is a Canada-based vertically integrated cannabis company. The Company operates through three segments: Wholesale Cannabis, Retail Cannabis and Merchandise and Devices, and Business to Business. The Company sells cannabis products through its wholesale and retail sales channels and sells its cannabis growing pods to other businesses. Its cannabis products include dried... see more

GREY:DLTNF - Post Discussion

Delta 9 Cannabis Inc > From Stockwatch- Warrants and Debentures expire dates.
View:
Post by gnote1 on Jul 05, 2022 7:50am

From Stockwatch- Warrants and Debentures expire dates.

Will this make a SP differnece as some think? We'll see!

The Toronto Stock Exchange reports that Delta 9 Cannabis Inc. warrants will be delisted at the close on July 18, 2022. According to the TSX, the warrants will expire at 5 p.m. Toronto time on July 18, 2022.


The Toronto Stock Exchange reports that Delta 9 Cannabis Inc.'s 8.5 per cent unsecured convertible debentures will be halted at the open and delisted at the close on July 18, 2022. According to the TSX, the debentures will mature on July 18, 2022. The company will pay $1,004,01 per $1,000 principal amount of debentures, representing $1,000 principal amount and $4.01 for accrued and unpaid interest thereon to, but excluding, the maturity date.

The TSX reports that the holders of the debentures may convert the debentures into shares of the company, at any time before the close on July 18, 2022, at $1.21 per share. This conversion price represents a conversion rate of approximately 826 shares per $1,000 principal amount of debentures. The TSX notes that trades in the debentures on July 14, 2022, and July 15, 2022, will settle on July 15, 2022.

Comment by golfyeti on Jul 06, 2022 9:40am
This was planned, financed and reported already by the company.@ @This should be @priced in@ so a market reaction, if any, would be positive, imo.
Comment by Anschutz on Jul 07, 2022 1:11pm
And again on behalf of management and the Trudeau school of business... "Thanks for your donation." Unbelievable how this company has never gotten any traction since their original listing.
Comment by Oldtimern on Jul 08, 2022 1:44am
This company have no bottom, new lows tiday despite market go upp, is this the beginning of the end, who sell on 17-18 cent, must be bigg losers.
Comment by KentukyFriedCoal on Jul 08, 2022 2:40pm
I purchased on day one, then doubled my holdings at a later date. I am great at picking losers. Management keeps opening new stores, loses money each time, stock price drops each time, & I've been riding it to the bottom. SAD
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