03:13:55 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Everyday People Financial Corp
Symbol EPF
Shares Issued 115,246,539
Close 2024-01-19 C$ 0.485
Market Cap C$ 55,894,571
Recent Sedar Documents

Everyday People extends 2.34 million warrants to 2025

2024-01-22 11:16 ET - News Release

Mr. Gordon Reykdal reports

EVERYDAY PEOPLE EXTENDS WARRANT TERMS AND REDEEMS RESTRICTED SHARE UNITS

The TSX Venture Exchange has granted approval for the extension of the expiry dates of a total of 2,342,000 share purchase warrants issued by Everyday People Financial Corp. on Jan. 21, 2022. The original expiry date of these warrants, set for Jan. 21, 2024, has been extended to Jan. 21, 2025, while retaining all other terms and conditions of the original warrants. Each warrant remains exercisable at $1.25 per common share. The 275,380 brokers' warrants, issued in conjunction with the private placement on Jan. 21, 2022, were not subject to extension and expired on Jan. 21, 2024.

"We are delighted to announce the one-year extension of the warrants. This strategic decision aligns with our commitment to optimizing shareholder value and reflects our confidence in the company's future prospects. As we move forward, we remain dedicated to delivering exceptional value to all our shareholders," said Gordon Reykdal, executive chairman of Everyday People Financial.

The company has issued an aggregate of 1.17 million common shares pursuant to the redemption of 1.17 million restricted share units (RSUs), of which 1.04 million RSUs were initially granted to directors on Aug. 31, 2022, and an additional 130,000 RSUs were granted to certain contractors on Nov. 29, 2022. Following the RSU redemption, the company now has 115,246,539 issued and outstanding common shares.

About Everyday People Financial Corp.

Everyday People is a revenue cycle management consolidator founded on the belief that everyone deserves a second chance to re-establish and build credit and have access to affordable credit options. The company is headquartered in Edmonton, Alta., Canada, with operations in Canada and the United Kingdom. Everyday People is changing the way revenue cycle management agencies work by enhancing its client services with affordable financial products and literacy programs. Utilizing its own specialized credit facilitation products, the company is helping debtors rebuild their financial health and generational wealth.

We seek Safe Harbor.

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