Leviathan Natural Products Inc.: Leviathan Natural Products Announces Repricing and Extension of Warrants
Company or
Leviathan ) announced today that it has repriced and extended the expiry date of an aggregate of 15,000,000 outstanding private placement warrants expiring in December 2020. The warrants were issued pursuant to a private placement financing that closed in several tranches in July 2018, and were originally set to expire in July 2020. The warrants were extended and repriced on June 19, 2020. On December 8, 2020, the CSE granted Leviathan an exemption which allowed the Company to conduct a second repricing and extension of the warrants. The warrants will be repriced from $0.75 to $0.60 and the expiry date extended to December 31, 2021. All other terms of the warrants remain unchanged.