Re: Form 20-F. ------ Warrants outstanding -----
posted on
Mar 17, 2016 05:58PM
From the 20F ............"
As of February 22, 2016, there were 1,116,051 warrants outstanding to purchase common shares at an average exercise price of CAD$0.23 expiring between June 22, 2016 and September 27, 2016. Should those warrants be exercised, there is a potential for an additional CAD $256,692 to be raised by the Company. Whether the warrants will be exercised is dependent on a number of factors that are outside of the Company’s control.". Certainly not many left.