Canadian Warrants - Glance Technologies Inc
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Address 200 Granville Street Suite 400
Vancouver, B.C. Canada V6C 1S4
Phone 1-855-288-6044
Email investors@glancepay.com
Website http://www.glance.tech
 
Warrant Symbol - GET.WT
Number  Trading - 1,089,638
Expiration Date -  April 27, 2019
Cusip - 376790 12 7
Exercise Price - $0.30

Warrants called to trade news

Glance Technologies arranges warrant incentive program


2017-08-14 23:10 MT - News Release

Glance Technologies Inc. had made temporary amendments to certain warrants (not including broker or agent warrants) issued by Glance Technologies from Aug. 31, 2015, to Feb. 24, 2017, as part of a program to incentivize warrant exercise.

Under the incentive program, Glance Technologies will temporarily reduce the exercise price of the amended warrants to 20 cents per amended warrant beginning on Aug. 15, 2017, and ending on Sept. 30, 2017, and during the incentive period each amended warrant will be exercisable for a unit, with each incentive unit comprising one common share and one common share purchase warrant, each unit warrant exercisable to purchase an additional common share at a price of 30 cents per share for a period of 24 months after the date of issuance. Further, Glance Technologies will extend the expiry date of the 5,948,998 amended warrants set to expire on Aug. 31, 2017, and the 16,666 amended warrants set to expire on Sept. 6, 2017, such that they will not expire until Sept. 30, 2017.

The following securities will not be eligible to be exercised under the incentive program: broker warrants; agent warrants; broker options; agent options; any other options granted under Glance Technologies' stock option plan; any warrants issued after Feb. 24, 2017; and warrants issued under Glance's rights offering, which closed on April 27, 2017, and trade under the symbol GET.WT.

During the incentive period, the outstanding amended warrant certificates will evidence the right to acquire one incentive unit upon the exercise of an amended warrant and payment to Glance Technologies of the aggregate purchase price per incentive unit. Registered holders of amended warrants are encouraged to exercise their amended warrants in accordance with the procedures set forth below as soon as possible and, in any event, prior to 5 p.m. Vancouver time on Sept. 29, 2017, in order to take advantage of the right to acquire an incentive unit.

Procedure for the exercise of amended warrants

Beginning on Aug. 15, 2017, registered holders of amended warrants may exercise their rights to acquire incentive units. All warrant exercises must be processed through Glance Technologies.

To exercise amended warrants during the incentive period, until Sept. 30, 2017, by 5 p.m. Pacific Time, a warrant holder must:

Surrender the warrant certificate(s) representing its amended warrants to Glance Technologies by hand or courier at 200 1238 Homer St., Vancouver, B.C., Canada;
The warrant certificate(s) must be submitted together with:
A duly completed and executed subscription in the form on the last page of the warrant certificate, specifying the number of amended warrants that the holder intends to exercise;
A certified cheque, bank draft or money order in Canadian dollars, payable to or to the order of Glance Technologies in an amount equal to 20 cents multiplied by the number of amended warrants that the warrantholder intends to exercise.

CSE: 2017-0501 - New Listing - Glance Technologies Inc. - Warrants (GET.WT)

TORONTO, ONTARIO--(Marketwired - May 1, 2017) - The Glance Technologies Inc. Share Purchase Warrants (the "Warrants") issued pursuant to the Glance Technologies Inc. Rights Offering (see Bulletin 2017-0312) have been approved for listing.

Each Warrant shall entitle the holder, upon exercise prior expiry, to acquire one (1) common share for $0.23 initially until six (6) months after the Issue Date of the Warrants and $0.25 thereafter until Expiry Date.

Trading Date: May 2, 2017
Symbol: GET.WT
CUSIP: 376790 12 7
ISIN: CA 376790 12 7 3
Boardlot: 500
Business Sector: Technology
Expiry Date: April 27, 2019
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