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Silver Bull Resources (TSX:SVB) has announced that the warrant expiry acceleration clause contained in the common share purchase warrants issued by the company on May 19, June 3 and June 29, 2016 has been triggered following a period of five consecutive trading days . 11,362,310 warrants have been accelerated. As quoted in the press release: …
Silver Bull Resources (TSX:SVB) has announced that the warrant expiry acceleration clause contained in the common share purchase warrants issued by the company on May 19, June 3 and June 29, 2016 has been triggered following a period of five consecutive trading days . 11,362,310 warrants have been accelerated.
As quoted in the press release:
The Company has elected to accelerate the expiry of the Warrants. The expiry date will now be September 19, 2016.
The Warrants may be exercised at any time before 4:00 p.m. (Vancouver time) on September 19, 2016, by providing to the Company at its offices at Suite 1610, 777 Dunsmuir Street, Vancouver, BC, V7Y 1K4 (i) a duly completed and executed election to exercise form (the “Election to Exercise“) and (ii) payment of the Exercise Price (as defined in the Warrant Certificate) by a certified cheque, bank draft or money order payable at par to the order of the Company, or by wire or electronic funds transfer to an account designated by the Company, in each case in the amount of the aggregate Exercise Price for the number of common shares of the Company specified in the Election to Exercise (the “Election Materials“).