"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?