Terms of the Stock Option Repricings
On a post-consolidation basis (see
On a post-consolidation basis, the Company has 58,333 stock options outstanding, with an exercise price of
On a post-consolidation basis, the Company has 50,000 stock options outstanding, with an exercise price of
On a post-consolidation basis, the Company has 29,166 stock options outstanding, with an exercise price of
On a post-consolidation basis, the Company has 8,733 stock options outstanding, with an exercise price of
A total of 354,564 outstanding stock options have had their exercises prices amended to
Warrant Repricings
Further to its news release of
Pursuant with TSXV policies, the warrants now have an acceleration clause such that if the closing price for the Company's shares are 25% higher then the exercise price (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.
Statement Regarding Forward-Looking Information
This news release contains statements that constitute 'forward-looking statements.' Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Rover's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects,' 'plans,' 'anticipates,' 'believes,' 'intends,' 'estimates,' 'projects,' 'potential' and similar expressions, or that events or conditions 'will,' 'would,' 'may,' 'could' or 'should' occur. There can be no assurance that such statements prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Rover's expectations. Rover undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Suite
T: (+1) 778-754-2855
E: info@rovermetals.com
(C) 2023 Electronic News Publishing, source