Ascendant Copper to list 16,666,666 warrants on June 22
2007-06-20 17:42 MT - Warrants Called to Trade
TSX bulletin 2007-0861
A total of 16,666,666 common share purchase warrants of Ascendant Copper Corp. will be listed and posted for trading at the open on Friday, June 22, 2007, under the following trading information.
Warrant symbol: ACX.WT.A
Warrant Cusip No.: 043503 12 7
Warrant trading currency: Canadian dollars
Designated market-maker: Orion Securities Inc.
Other markets: None
The warrants are being issued in connection with a prospectus offering of units by the company, each unit consisting of one common share and one-half of a warrant. Each whole warrant entitles the holder to purchase one additional common share of the company at a price of 65 cents per share at any time up to 4 p.m. (Vancouver time) on the date that is two years following the closing date of the offering. The warrants will be governed by the terms of a warrant indenture between the company and Pacific Corporate Trust Co., as warrant agent. The warrant indenture will provide for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.
Please see elsewhere in today's bulletins for information regarding the prospectus offering and the additional listing of common shares underlying the units.