Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Daily average Vs Warrants

"Well, that's not my interpretation when reading the PP conditions.  For the last PP, when the weighted average reaches something above $0.15, the warrants should be accelerated.  Probably the same for the other PP warrants.

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."

IIRC those $0.15 warrants were exercisable at 15 cents for only the first two years.  If those warrants got extended the exercise price of those warrants is now $0.17. I think the VWAP for 20 days has to exceed $0.17 for these warrants.  JMHO 

If they were extended it begs the question:  Where's the news release announcing accelerated expiry on them?  We surely have been above $0.17 for 20 days, no?

 

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