HML-t...in the news:
Hemosol to list 2.45 million warrants on TSE
Thu 18 Apr 2002
TSE bulletin 2002-0442
A total of 2.45 million common share purchase warrants of Hemosol Inc. will
be listed and posted for trading at the open on Monday, April 22, 2002,
under the following trading information:
Symbol: HML.WT
Cusip No: 42369K 13 6
Designated market-maP. Barker, W.D. Latimer Co. Limited
Other markets: None
The warrants are being issued in connection with a recently completed
prospectus offering of units by the company, each unit consisting of one
common share and one-half of a warrant. Details of the prospectus offering
are contained elsewhere in today's exchange bulletins.
Each whole warrant entitles the holder to purchase one common share of the
company at a price of $5.50 in cash per share until 5 p.m. (Toronto time)
on April 18, 2003.
If, at any time after Oct. 18, 2002, the closing price of the company's
common shares on the Toronto Stock Exchange for any 20 consecutive trading
days is greater than $8 per share, the company may redeem the warrants, on
not less than 30 days of prior notice, for a redemption price of 0.001 cent
per warrant.
The warrants are governed by the terms of a warrant indenture dated April
18, 2002, between the company and Computershare Trust Company of Canada, as
trustee. The warrant indenture provides for appropriate adjustments to the
warrants in the event of stock dividends, subdivisions, consolidations and
other forms of capital reorganization. |
