Vert Infrastructure Ltd. (CRXPF)

[chemist72]

Up to 17,439,055 warrants may be converted over the next 2 weeks.

https://webfiles.thecse.com/investorx/CROP/1810180920275543.pdf?2L_qzHc4c_03CJU1k6z0DbrfJpnmURlc

This a double-edged sword. Obviously another 17M shares issued would result in about a 14% dilution to current shareholders.

On the other hand, exercise of ALL these warrants will result in about $6.9M (C) in cash for the company. Any cash received now, before revenues start flowing, should greatly reduce the need for future cash raises via warrants or common share issuances.

Also note that this early warrant exercise program is slated to end on Nov. 2, 2018. Why Nov. 2? Think about it.

P.S. The warrant exercise price is $.40 (C) which is currently equivalent to $.305 (US). Hence the reason CRXPF is currently trading around $.30 imo.