wouldn't it be nice IF8 Oct 2021 08:33
I3E could issue those warrants (and employee options) announcements in a similar format as the below from PTAL ?
PetroTal Announces Exercise of Investor and Performance Warrants and Total Voting Rights
Calgary, AB and Houston, TX - October 8, 2021-PetroTal Corp. ("PetroTal" or the "Company") (TSX-V: TAL, AIM: PTAL and OTC: PTALF) announces that it received a notice to exercise 1,000,000 Investor Warrants over 1,000,000 Common Shares at a price of 16 pence per Common Share from an investor in relation to the Investor Warrants issued on June 12, 2020 as part of the fundraising announced on June 12, 2020.
In addition, PetroTal received notice to exercise 668,650 Performance Warrants at a price of $0.1869 USD per Common Share.
Accordingly, PetroTal received 160,000 GBP and 124,970 USD, respectively, for both of the Warrant Exercises, and issued a total of 1,668,650 new Common Shares ("Warrant Shares") to the investors. Subsequent to both warrant exercises, the Company will have 69,101,946 Investor Warrants and 25,081,350 Performance Warrants outstanding.
Application will be made for admission of the 1,668,650 Warrant Shares, which will rank pari passu with existing Common Shares, to trading on AIM ("Admission"). It is expected that Admission will become effective, and trading will commence at 8.00 am on October 13, 2021.
Following Admission, the Company will have 820,205,515 Common Shares issued and there are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
surely this is a pretty easy fix going forward for the BOD / IR dept which would remove any shareholder ambiguity or the need for clarifying emails to be sent to the company or any ensuing forum arguments with regards to what 'might' or 'might not' still be outstanding
hey ho just a suggestion
but as they often say
KISS :-)
Sign In
Follow the stocks
