now holds an aggregate of 10,630,645 common shares of the Corporation, representing 14.
The common shares and the warrants as well as the common shares underlying the warrants and the compensation options are subject to a four-month hold period under applicable securities laws.
Each Ribbon Unit will be comprised of one (1) common share
and one-half (1/2) non-transferable common share
purchase warrant (a "Debenture Warrant").
Direct IT common shares
are halted from trading and it is proposed that the trading halt will remain in effect until final shareholder approval and all other closing conditions are met.
Following this closing, the share capital of Metanor is now 18,298,598 issued and outstanding common shares
, 7,547,467 common share
purchase warrants, 416,600 broker warrants (including 113,100 broker warrants permitting to subscribe to Units A).
Upon full physical settlement of any component of a forward sale agreement, the Company will issue to the forward counterparty a number of common shares
and a company associated therewith, own and control 1,125,950 common shares
of Innova representing approximately 2.
Pursuant to the Amalgamation, the holders of Cannasat Common Shares
and Cannasat Class A Shares received Amalco Common Shares
with a deemed value of $0.
The directors who are participating in the exchange, either directly or indirectly through companies they control, are as follows: Paul Delage Roberge, Chairman of the Board of the Company, will receive 3,285,484 new common shares
in exchange for his debentures.
TSX:GDS) intends to purchase a maximum of 765,799 of its Common shares
, being five (5%) percent of the 15,315,986 currently issued and outstanding Common shares
NYSE: VGR) to purchase all of the outstanding common shares
of New Valley that it does not already own.
The Lenders have the option to convert the full amount owing into common shares
of ExtendMedia at a conversion price of $0.