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Gold/Mining/Energy : Canadian Warrants Only

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From: calgarylady5/17/2021 11:32:38 PM
   of 23102
 
Quisitive accelerates expiry of warrants to June 16

2021-05-17 14:22 MT - News Release

Quisitive Technology Solutions Inc. has elected to accelerate the expiry date of the common share purchase warrants issued on June 26, 2020, under the warrant indenture between Computershare Trust Company of Canada and the company dated June 26, 2020.

As described in Quisitive's prospectus supplement (the "Prospectus Supplement") dated June 19, 2020, Quisitive's short form base shelf prospectus dated June 12, 2020, and pursuant to the terms of the Warrant Indenture, if the volume weighted average trading price of the company's common shares (the "Common Shares") on the TSX Venture Exchange (the "TSXV") exceeds $1.60 for a period of 10 consecutive trading days (the "Acceleration Trigger"), the company is entitled to accelerate the expiry date of the Warrants to the date that is not less than 30 days following the date notice of such acceleration (the "Acceleration Notice") is delivered to holders of Warrants. The company will deliver the Acceleration Notice to holders of Warrants indicating the company's election to accelerate the expiry date of the Warrants to June 16, 2021 (the "Accelerated Expiry Date"). The Warrants, which are currently listed and posted for trading on the TSXV under the ticker symbol "QUIS.WT" will be delisted from the TSXV after the Accelerated Expiry Date.

stockwatch.com
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