Northwire Canada EditionThursday, July 16, 2026
Northwire
HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.47 +0.4% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.040 +0.0% CPL 0.210 +10.5% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.47 +0.4% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.040 +0.0% CPL 0.210 +10.5%
Financings

Abaxx Technologies calls outstanding warrants

ABXX · Price

Executive Summary

  • Abaxx Technologies Inc. has exercised its right to call all 500,000 outstanding common share purchase warrants issued during its October 20, 2025, non-brokered private placement.
  • The warrants are redeemable at $0.01 per warrant as of January 16, 2026, provided the daily VWAP exceeded $41.76 for 20 consecutive trading days; holders may exercise at $25.00 USD per share until January 15, 2026.
  • The company reported record trading volume on Abaxx Exchange on December 10, 2025, and highlighted key operational milestones including FBOT registration and the launch of new weather-linked futures.

Key Details

  • Warrant Redemption Terms:
    • Total warrants called: 500,000.
    • Redemption price: $0.01 per warrant.
    • Redemption date: January 16, 2026.
    • Exercise price for holders: $25.00 (U.S.) per common share.
    • Exercise deadline: January 15, 2026.
    • Trigger condition: Daily VWAP of common shares on Cboe Canada exceeded $41.76 for 20 consecutive trading days.
  • Financial Impact:
    • Assuming full exercise of the warrants, Abaxx’s cash and liquid assets would total approximately $65.5 million.
    • The company holds $35 million in mark-to-market securities as of the release date.
  • Abaxx Exchange Operations:
    • Record daily trading volume recorded on December 10, 2025: 3,976 lots.
    • Traded contracts included Gold Singapore (GKS), Gulf of Mexico (GOM) LNG, North Pacific Asia (NPA) LNG, and CORSIA Phase One (CP1) carbon futures.
    • Activity driven by continued onboarding of trading firms, clearing members, and brokers.
  • Corporate Highlights & Milestones:
    • Received Foreign Board of Trade (FBOT) registration, allowing U.S.-based futures commission merchants (FCMs), brokers, and trading firms to access Abaxx Exchange’s regulated markets.
    • Launched Enwex U.K. Onshore Wind futures, expanding the suite of weather-linked futures contracts.
    • Continued rollout of new contracts and expanded market access.

Notable Quotes

  • No direct quotes from the CEO or President were included in the provided text.
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