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Address: 1800 - 421 7th Ave SW
Calgary AB Canada T2P 4K9
Phone: 403 261 2747
Web Site: http://www.pipestonecorp.com
 
Warrant Symbol - PIPE.WT
Number  Trading - 175,188,092
Expiration Date - May 19, 2021
Cusip - 724112 11 5
Exercise Price - $3.00

Warrants called to trade news





Pipestone Energy warrants amended

2019-01-16 16:48 MT - Miscellaneous
Pursuant to the original TSX Venture Exchange bulletin dated May 24, 2016, and further to the TSX Venture Exchange bulletins dated Jan. 7, 2019, and Jan. 10, 2019, the following changes to the warrants have been made.

Reference is made to the company's Jan. 4, 2019, news release and warrant indenture dated May 19, 2016, amended by way of a supplemental and restated warrant indenture dated Jan. 4, 2019. Pursuant to the amended and restated arrangement agreement dated Oct. 29, 2018, effective Jan. 4, 2019, holders of Blackbird shares received, for each Blackbird share held, one-10th of one share (0.1) of the company and one Class A common share of Stage Holdco, and as such the exercise terms under the supplemental warrant indenture are amended as follows:

10 warrants plus $3 equal to one common share of the company (Cusip No. 724112107) plus 10 Stage Holdco shares (Cusip No. 85255T109).

Capitalization: 176.41 million warrants, authorized by a warrant indenture dated May 19, 2016, and amended Jan. 4, 2019, of which 175,188,092 warrants are issued and outstanding

Trading symbol: PIPE.WT (new)
Cusip No.: 724112 11 5 (new)

As a result of the exchange ratio, every 10 warrants are now exercisable for one common share of the company at an exercise price of $3.00 and will expire Monday, May 19, 2021.

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