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VIDWRX INC. . VID.VN TRADE Via Toronto Great NEWS on Stockwatch
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VidWRX 3.75 million warrants extended

2016-01-08 16:19 ET - Miscellaneous

The TSX Venture Exchange has consented to the reduction in the exercise price and the extension of the term of the following warrants.

Number of warrants: 3.75 million

Original exercise price of warrants: 1.45 cents

New exercise price of warrants: 10 cents

Original expiry date of warrants: four years

New expiry date of warrants: five years

These warrants were issued pursuant to a private placement of 3.75 million special warrants shares with 3.75 million share purchase warrants attached, which was announced by the company on Nov. 9, 2015.