Warrant Expiry Date definition
Examples of Warrant Expiry Date in a sentence
Each Warrant shall entitle the holder to acquire, upon exercise, one common share of the Issuer at a price of $1.25 per common share for a term that commences at Closing (as defined below) and ends on the date 24 months following Closing (the "Warrant Expiry Date").
Each Warrant shall entitle the holder to acquire, upon exercise, one common share of the Issuer at a price of $1.80 per common share for a term that commences at Closing (as defined below) and ends on the date eighteen months following Closing (the "Warrant Expiry Date").
Each Warrant shall entitle the holder to acquire, upon exercise, one common share of the Issuer at a price of $1.80 per common share for a term that commences at Closing (as defined below) and ends on the date 24 months following Closing (the "Warrant Expiry Date").
A beneficial owner who desires to exercise Warrants should ensure that the Participant is provided with the Exercise Form or duly completed power of attorney (if the Warrant Certificate is issued in the name of the beneficial owner) and payment in advance of the Warrant Expiry Date so as to permit the Participant to deliver notice to the Warrant Agent by the required time.
Each Warrant may be exercised to acquire one Klondex Share until 5:00 p.m. (Denver time) on the Warrant Expiry Date at a price equal to 120% of the five-day volume weighted average price of the Klondex Shares on the TSX during the five trading days immediately preceding the Closing Date (the “Warrant Exercise Price”).