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Gold/Mining/Energy : Canadian Warrants Only

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To: onepath who wrote (22644)3/3/2021 9:55:44 PM
From: onepath   of 23102
 
MCAN Mortgage to list additional shares March 5

2021-03-03 21:27 ET - Warrants Called to Trade

The Toronto Stock Exchange reports that Medipharm Labs Corp. will list up to 50 million warrants for trading on the TSX at the open on March 5, 2021. According to the TSX, the warrants will trade under the symbol LABS.WT, in Canadian dollars and under Cusip No. 58504D 13 4.

As stated in the prospectus supplement dated March 2, 201, to the short form base shelf prospectus dated Feb. 24, 2021, the company will issue up to 50 million units (before the overallotment option) at 58 cents per unit in an offering. Each unit will consist of one share and one warrant of the company, with each warrant being exercisable at 70 cents per share until 5 p.m. Toronto time on the date that is 24 months after the closing date of the offering.

According to the TSX, the units will separate immediately upon the closing of the offering. The TSX has issued a separate bulletin regarding the listing of the shares.

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