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Article: Power Plus Extends Expiry Date of Share Purchase Warrants
- Article from:
- PR Newswire
- Article date:
- September 29, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, Sept. 29 /PRNewswire/ -- Power Plus Corporation (Nasdaq: PPCO; Alberta) today announced the extension of the expiry date of its outstanding Class "A" and Class "B" share purchase warrants which were to expire on September 30, 1997, subject to final regulatory approval.
Each of the 1,815,838 Class "A" share purchase warrants remaining outstanding, entitling holders to purchase, for $2.00, one common share and one Class "AA" share purchase warrant, will now expire November 14, 1997, as opposed to September 30th. The exercise of the Class "A" share purchase warrants could provide the Company with up to $3,631,676. Each of the available 2,234,056 ...