Upcoming Distribution of CNC shares: Deadline for Exercise of Warrants
Means nothing to me but maybe to others???
As announced by news release on March 9, 2022, Noble will distribute (the “Distribution”) common shares of Canada Nickel Company Inc.(“CNC”) to all shareholders of record of the Company on April 18, 2022 (the “Record Date”). The Distribution will be made at a ratio of 0.01725 of a CNC share per whole common share of Noble held (or approximately 1 CNC share per 58 Noble shares held). The Distribution will be made pro rata to shareholders. Only shareholders of record as of the close of business on the Record Date will be entitled to receive the Distribution.
Unexercised warrants of Noble do not carry any entitlement to any portion of the Distribution. Those warrant-holders who intend to exercise their warrants in time to participate in the Distribution are strongly encouraged to arrange for their exercise packages, with payment, to be received by Noble no later than Noon, Eastern time, on Wednesday, April 13, 2022. Warrant exercise packages and payments received after that time may not be processed in time for the shares to be issued by the Record Date deadline for participation in the Distribution.