UCORE RARE METALS INC. ("UCU")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: March 30, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
# of Warrants: 20,731,912
Expiry Date of Warrants: April 11, 2017 to April 17, 2017
Forced Exercise Provision: If the closing price for the Company's shares is $0.38125 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.
Original Exercise Price of Warrants: $0.50
New Expiry Date of Warrants: April 11, 2019 to April 17, 2019
New Exercise Price of Warrants: $0.305
These warrants were issued pursuant to a private placement of 20,731,912 shares with 20,731,912 share purchase warrants attached, which was accepted for filing by the Exchange effective May 14, 2014.
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