C00840-2018 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 690,783,614 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Issuance of Warrants |
Description of the Disclosure |
Approval of the Board of Directors of Agrinurture, Inc. of the issuance of warrants in favor of existing shareholders. |
Date of Approval by Board of Directors | Feb 12, 2018 |
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Number of warrants to be issued | 70,940,429 |
Entitlement ratio | 10:1 |
Corresponding number of underlying securities | 70,940,429 |
Exercise period | after 5 years from date of issuance |
Exercise price | 20.00 |
Expiry date | TBA |
Timetable for issuance and the related regulatory approvals, if any | |
After approval by the Shareholders and compliance with regulatory requirements. |
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Basis upon which the exercise price is determined | |
Exercise price was based on previously issued warrants. |
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Other salient features of the warrants | |
Issuance and exercise of the Warrants is subject to all existing applicable laws and regulations. |
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The arrangements for transfer of the warrants | |
To be determined by the Board of Directors |
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The rights of the holders on the liquidation of the Issuer, if any | |
To be determined by the Board of Directors . |
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The arrangement(s) or adjustments(s) resulting from changes in the subscription, purchase or exercise price or the number of securities to take account alterations to share capital of the Issuer | |
To be determined by the Board of Directors |
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The rights of the holders to participate in any distribution and/or offer of further securities made by the Issuer, if any | |
To be determined by the Board of Directors |
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Other Relevant Information | |
Existing shareholders of Agrinurture, Inc.holding ten (10) shares shall be entitled to one (1) warrant. |
Name | Lisette Arboleda |
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Designation | Corporate Secretary |