Certain Warrants of Questcorp Mining Inc. are subject to a Lock-Up Agreement Ending on 12-JUN-2025. These Warrants will be under lockup for 548 days starting from 12-DEC-2023 to 12-JUN-2025.
Details:
Pursuant to the Escrow Agreement to be entered into between the Company, Endeavor Trust Corporation and various Principals of the Company, the Principals agree to deposit in escrow the Common Shares and Warrants with the Escrow Agent. The Escrow Agreement will provide that the Escrowed Securities will be released from escrow in equal blocks of 15% of a Principal?s Escrowed Securities at six month intervals over the 36 months following the Listing Date with 10% of each Principal?s holdings being released on the Listing Date.
Certain Warrants of Questcorp Mining Inc. are subject to a Lock-Up Agreement Ending on 12-JUN-2025.
Published on 06/12/2025 at 06:35 am IST
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