HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Forced to Exercise?????
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Re: Forced to Exercise?????

posted on Mar 11, 2008 12:03PM
Actually you are right D12 in that they are NOT forced to buy. Re reading the release it says the warrants expiry will be moved (accelerated) to 30 days past the close of the 10 day of trading at/over $6. This means at the end of the next 30 trading days the warrants will expire and if they haven't bought them they(the warrants) will be no more. As I read it.
3 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply