Actually, there is confusion in your statement..... please go back an reread the News Releases.

From the April 27/20 NR: Each Warrant entitles the holder to purchase one Common Share for an exercise price of $0.09 during the 36 month period after the closing of the Offering and $0.12 during the 12 month period thereafter. In the event that the 20-day volume weighted average price of the common shares listed on the TSX Venture Exchange is above $0.15, the expiry date of the Warrants will be accelerated to a date that is 30 days after the first date such threshold is met.

It states clearly that the warrants would have expired 30 days after the 20 day VWA was above $.15, NOT 12 or 36 months after closing above $.12. The warrant holders were given an extension as per the July 23/20 NR.

And from June 30/2016 (My Original Warrants) :Each Warrant entitles the holder to purchase one Common Share for an exercise price of $0.15 during the first 12 month period after the closing of the Offering and $0.17 during the second 12 month period after the closing of the Offering. In the event that the 20-day volume weighted average price of the common shares listed on the TSX Venture Exchange is above $0.30, the expiry date of the Warrants will be accelerated to a date that is 30 days after the first date such threshold is met.

These warrants have been extended each year until June 2021. These warrants do not have to be excercised until 30 days AFTER the 20VWA closes ABOVE $.30. 

My original statement stands, as the expiry date was waived on the last batch ($.09), I would expect the expiry date on the $.017 warrants to be waived as well.