This should put this VEN.WT discussion to an end and I was wrong again. That is three times this decade I have been wrong on something.
from theior annual report on their website vengold.com
(d) The Corporation issued 14,931,500 Series "A" warrants as part of the public offering of 28,863,000 units of the Corporation at a price of $1.75 per unit in June 1995. One warrant entitles the holder to purchase one common share of the Corporation at an exercise price of $2.35 until June 13, 2000. Under certain conditions original holders of the Series "A" warrants are able to exchange Series "A" warrants for Series "B" warrants. On November 22, 1995, Series "B" warrants with an exercise price of $1.30 and an expiry date of June 13, 2000 were available to original holders of Series "A" warrants. As at December 31, 1998, 8,700,300 Series "B" warrants had been issued and an identical number of Series "A" warrants cancelled. |