SQI DIAGNOSTICS INC. ("SQD") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: March 14, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: 8,400,000 Original Expiry Date of Warrants: April 10, 2016 New Expiry Date of Warrants: April 10, 2019 Exercise Price of Warrants: $0.65
In addition, at any time prior to the amended expiry date should the 20-day trailing average price exceed $0.85, the warrant holders shall have 30-days to exercise their warrants and any unexercised warrants shall expire thereafter.
These warrants were issued pursuant to a short form prospectus offering of 8,400,000 shares with 8,400,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 15, 2014.
For further details, please refer to the Company's news release dated March 11, 2016. ________________________________________
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