Amendment of Warrants. In connection with the agreement by GCASIF to accept the discounted repayments set forth herein, Rapid shall re-price all Warrants presently held by GCASIF to an exercise price of $0.05 and extend the maturity of said Warrants to June 1, 2010. The common shares underlying the Warrants will not be sold before August 31, 2007.
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Sources: Securities Purchase Agreement (Rapid Link Inc), Securities Purchase Agreement (Rapid Link Inc)
Amendment of Warrants. In connection with the agreement by GCASIF GCFG to accept the discounted repayments set forth herein, Rapid shall re-price all Warrants presently held by GCASIF GCFG to an exercise price of $0.05 and extend the maturity of said Warrants to June 1, 2010. The common shares underlying the Warrants will not be sold before August 31, 2007.
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