Original expiry date: Sept. 19, 2017
New expiry date: Sept. 19, 2019
Forced exercise provision: If the closing price for the company's shares is 47 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.
Original exercise price: 50 cents
New exercise price: 35 cents
These warrants were issued pursuant to a private placement of 1,616,000 shares with 1,616,000 share purchase warrants attached, which was accepted for filing by the exchange effective on Sept. 28, 2016.