RE: Warrants21 Jan 2018 07:37
So the 2 mill warrants that got issued on 16th Feb - and seem to have more than churned through can't be Talaxis or we would have had a TR1 as they already own 14% ???
RNS Nov 17
Talaxis is the holder of 14.4% of the issued and outstanding shares of Mkango. As such, Talaxis is a Non Arm's Length Party pursuant to applicable rules of the TSXV. In addition, Talaxis holds 12 million warrants of Mkango, which, upon exercise, could result in Talaxis holding 23.7% of the then-issued and outstanding shares of Mkango.Talaxis has agreed with Mkango that it will not exercise any warrants which would increase the holding of Talaxis in Mkango to 20% or more.