Financings
Auxico Resources extends warrants to November, 2027
AUAG · Price
Executive Summary
- Auxico Resources Canada Inc. extended the expiry date of two series of common share purchase warrants from three to five years, keeping the exercise price at $0.15 per warrant.
- The extensions apply to 833,972 warrants issued on Nov. 2 2022 (new expiry Nov. 2 2027) and 518,904 warrants issued on Nov. 16 2022 (new expiry Nov. 16 2027).
- No other terms were changed and none of the warrants have been exercised to date.
Key Details
- Series A Warrants: 833,972 units; original issuance Nov 2 2022; exercise price $0.15; original term 3 years; extended term 5 years; new expiry Nov 2 2027.
- Series B Warrants: 518,904 units; original issuance Nov 16 2022; exercise price $0.15; original term 3 years; extended term 5 years; new expiry Nov 16 2027.
- Exercise price remains unchanged for both series at $0.15 per warrant.
- No additional rights, adjustments, or other terms were modified.
- As of the release date, none of the warrants have been exercised.
Notable Quotes
(No executive quotes provided in the release.)