Off Subject, Warrants13 Mar 2022 21:00
What can happen if your warrants exercise price is not reached... 7p sp. warrants 12p
Pay 12p, down 5p, but get 2 for 1 extra..
Empyrean Energy advises that it has received further notices to exercise warrants (exercise price 12p per Warrant) over a total of 375,000 Ordinary Shares (the "Warrant Shares"), for which funds of £45,000 have been received by the Company.
The Company will also issue 375,000 replacement incentive warrants expiring 22 October 2022 with an exercise price of 12p and 375,000 bonus warrants expiring 22 July 2023 with an exercise price of 18p, in accordance with the terms of the warrants being exercised, as detailed in the announcement on 9 July 2021.