If I am not wrong, the 946.000 warrants were exercised at 1.20 CAD:
Before the warrants: 170074692 shares multiplied by 1,20 CAD
204089630 CAD market cap
after the warrants with 1.20 CAD
205224830 CAD
Warrant prize 1135200 CAD/946000 = 1,20 CAD
Who may have had these warrants at 1.20 CAD to exercise?
Very positive sign, the warrants were exercised although the share prize was lower at the time of exercising them!!!