BTL GROUP LTD. ("BTL")
BULLETIN TYPE: Warrant Term Amendment
BULLETIN DATE: December 20, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the amendment of 1,194,164 share purchase warrants which have been exercised pursuant to the Warrant Exercise Incentive Program. The amendments are as follows:
# of Warrants: 1,194,164 share purchase warrants
Current Exercise Terms: $1.00 until May 5, 2017 and June 16, 2017
Amendment: For each warrant exercised, the warrant holder will receive a new warrant exercisable at $1.50 per share until December 17, 2017.
These warrants were issued pursuant to a private placement of 1,281,164 shares and 1,281,164 share purchase warrants which closed in two tranches on May 5, 2016 and June 16, 2016.
________________________________________
|
|
