The Conversation (0)
Bayswater Uranium Corporation reports with current capital market conditions, it has decided to amend the terms of certain outstanding share purchase warrants. In this regard, the Company is seeking approval from its Warrantholders and the TSX Venture Exchange to amend the following Warrants as follows: a. amend the exercise price of 2,370,165 Warrants originally issued on …
Bayswater Uranium Corporation reports with current capital market conditions, it has decided to amend the terms of certain outstanding share purchase warrants.
In this regard, the Company is seeking approval from its Warrantholders and the TSX Venture Exchange to amend the following Warrants as follows:
a. amend the exercise price of 2,370,165 Warrants originally issued on November 1, 2006, with an exercise price of $1.20 per share to $0.45 per share and amend the expiry date to the close of business on the earlier of November 1, 2008, or the day that is the 30th day following 7 calendar days after the first 10 consecutive trading days during which the shares of the Company trade at a daily closing price of at least $0.56 per share;
For full details of this press release, click this link. Uranium Investing News researchers discovered Bayswater’s amendments to its share warrants described on their website. Follow developments in uranium mining and exploration for free. Sign on to the Uranium Investing Newsletter.