The Company anticipates using the proceeds from the exercise of any Subject Warrants for working capital purposes. The Subject Warrants which remain unexercised as at June 23, 2023, will expire on that date and no further Incentive Warrants will be issued. Warrant Holders who wish to participate in the Incentive Program will be required to deliver the applicable warrant exercise documents to the Company to exercise their respective Subject Warrants and in consideration for the issuance of the Incentive Warrants. The Incentive Warrant will be subject to an acceleration clause, whereby if the closing price of the common shares of the Company on the CSE is equal to $0.40 or higher for five non-consecutive trading days, over a 365-day period, the Company may accelerate the expiry of the Warrants to the date that is 20 business days from the date of the issuance of a news release by the Company announcing the exercise of the acceleration right. Each Incentive Warrant will entitle the holder thereof to acquire one common share (an " Incentive Warrant Share") of the Company at a price of $0.20 per common share for a period of thee (3) years from the date of issuance. Under the Incentive Program, each holder of a Subject Warrant who exercises part or all of their Subject Warrants between the date hereof and June 23, 2023, will be granted one common share purchase warrant (each an " Incentive Warrant") for each exercised Subject Warrant. In addition, the Company has established an exercise incentive program (the " Incentive Program") with respect to all of the 6,274,200 Subject Warrants. The Company confirms that it has received written consent from all holders of Repriced Warrants having an exercise price of $0.20, consenting to the repricing of the Repriced Warrants. Under the policies of the Canadian Securities Exchange (" CSE"), the proposed Warrant Repricing is subject to the unanimous consent of the registered holders of the outstanding Repriced Warrants. The Company's management considers the Warrant Repricing to be in the best interests of the Company and its shareholders and aligns the exercise price of all warrants having an expiry date of June 23, 2023, which expiry date is not being extended. Following the Warrant Repricing, the Company will have an aggregate of 6,274,200 outstanding warrants, having an exercise price of $0.15 and an expiry date of J(collectively, the "Subject Warrants"). (CSE: NBRK) ("New Break" or the "Company") announces the repricing of 1,730,000 common share purchase warrants with an exercise price of $0.20 and an expiry date of J(the "Repriced Warrants"), to $0.15, effective immediately (the "Warrant Repricing"). Copper Prices Could See "Astronomical Rise" as Supply Concerns Increase.10 Largest Producers of Gold by Country.The company's spring water available in natural flavours, such as blackbe. Read Lessįlow Beverage Corp., a health and wellness focused beverage company, engages in production and distribution of original unflavored and collagen-infused alkaline spring water in the United States and Canada. was incorporated in 2014 and is headquartered in Aurora, Canada. and changed its name to Flow Beverage Corp. The company was formerly known as RG One Corp. It distributes its products under the Flow brand name through direct sales, broker/distributors, and direct-to-consumer/e-commerce channels. The company's spring water available in natural flavours, such as blackberry+hibiscus, grapefruit+elderflower, strawberry+rose, watermelon+lime, cucumber+mint, lemon+ginger, watermelon, grapefruit, cucumber, peach+blueberry, blood orange, meyer lemon, pomegranate, elderberry, citrus, and cherry. Flow Beverage Corp., a health and wellness focused beverage company, engages in production and distribution of original unflavored and collagen-infused alkaline spring water in the United States and Canada.
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