The TSX Venture Exchange has consented to the extension in the expiry date of the following warrants.
Private placement
Number of warrants: 643,299 (postconsolidation)
Original expiry date of warrants: April 16, 2023
New expiry date of warrants: Oct. 16, 2023
Exercise price of warrants: $1.75 (unchanged postconsolidation)
These warrants were issued pursuant to a private placement of 8,290,665 shares with 4,145,331 share purchase warrants attached with an exercise price of 35 cents, which was accepted for filing by the exchange effective April 23, 2021. The company subsequently completed a 1:5 consolidation in August, 2022. Since then, 185,766 out of 829,064 warrants (on a postconsolidated basis) have been exercised.
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