Well done ranger , thanks for getting that info out there. UAV is a real puzzle for me , not as whether it is a good investment at these levels but rather why are we at these levels ? I see in todays news they have changed things up with IR and management and a new market maker so this could be just the combo we needed to get UAV going where it should be and that is about a 4 or 5 bagger from here. I have all the patience in the world with this one and watch daily for good buying opp so I can add even more.
Warrants
One million and forty two thousand of the warrants set to expire on Nov. 5 were exercised for total proceeds of $78,150. 3.56 million warrants at 7.5 cents have since expired.
Market-making services
The company also announces that it has retained market-making services.
The company has, subject to regulatory approval, retained Venture Liquidity Providers Inc. to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company.
The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the corporation has agreed to pay VLP $5,000 per month for a period of 12 months. The agreement may be terminated at any time by the corporation or VLP. The corporation and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the corporation or its securities. The finances and the shares required for the market-making service are provided by W.D. Latimer. The fee paid by the company to VLP is for services only.
In addition, the company reports that Stephen Litwin is no longer acting as investor relations for the company. The company thanks Mr. Litwin for his hard work and wishes him well in his future endeavours. |
