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Address: 101 - 76 Stafford St
Toronto Ont Canada M6J 2S1
Phone: 416 639 5891
Web Site: http://48nrth.com
 
Warrant Symbol - NRTH.WT
Number  Trading - 10,569,880
Expiration Date -  April 2, 2024
Cusip - 34978F 13 7
Exercise Price - $1.72


Warrants called to trade news





48North Cannabis prospectus offering

2019-04-02 14:41 MT - Prospectus Approved
Effective Tuesday, March 26, 2019, the company's prospectus dated March 26, 2019, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by each of the provinces of Canada, other than Quebec, pursuant to the applicable securities acts in each of the provinces of Canada, other than Quebec.

Effective at the opening, Thursday, April 4, 2019, the warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as a life sciences company.

Capitalization: 10,569,880 warrants, authorized by a warrant indenture dated April 2, 2019, of which 10,569,880 warrants are issued and outstanding
Trading symbol: NRTH.WT
Cusip No.: 34978F137

The warrants were issued pursuant to the company's short form prospectus dated March 26, 2019. One warrant entitles the holder to purchase one common share at a price of $1.72 per share and will expire on April 2, 2024, subject to accelerated expiry stated below.

If, at any time prior to April 2, 2024, the volume weighted average trading price of the common shares of the company on the TSX Venture Exchange equals or exceeds $3.30 per common share for 10 consecutive trading days, the company may, within 10 days of the occurrence of such event, deliver written notice to the holders of warrants and to the warrant agent, supplemented by way of a press release issued by the company, accelerating the expiry date of the warrants from the warrant expiry date to the date that is 30 days following the date of such notice. Any unexercised warrants shall automatically expire at the end of the accelerated expiry date.

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