WAVERLEY PHARMA INC. ("WAVE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 16, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 10,000,000 share purchase warrants (the "Warrants") to Dr. Albert Friesen (the "Guarantor") in connection with the collateral and guarantee provided by the Guarantor in his personal capacity and indirectly through ADF Family Holding Corp. and South Waverley Business and Science Centre Inc., entities controlled by the Guarantor, for a $3-million credit facility agreement by the Company with Steinbach Credit Union Ltd. Each Warrant will entitle the holder to acquire one common share in the capital of the Company at an exercise price of $0.11 per share for a period of five years from the date of issuance.
For further information, please refer to the Company's news release issued on August 5, 2021.
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