|Bid||0.1150 x 0|
|Ask||0.1300 x 0|
|Day's Range||0.1300 - 0.1300|
|52 Week Range||0.1200 - 0.6800|
|Beta (3Y Monthly)||-0.78|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Avidian Gold Corp. (“Avidian” or the “Company”) (AVG.V) announces an amendment to the terms of common share purchase warrants issued in connection the previously announced private placement of convertible debenture units of the Company on February 26, 2019 (the “February Private Placement”). It was previously announced that, each Unit shall consist of a C$1,000 principal amount three (3) year unsecured interest-bearing convertible debenture (a “Debenture”) and five thousand (5,000) common share purchase warrants of the Company (each a “Warrant”) with each Warrant entitling the holder thereof to acquire one common share of the Company (a “Common Share”) at a price of C$0.76 per Common Share for a period of 36 months, subject to the Company’s option (the “Acceleration Option”) to accelerate the term of the Warrants in the event that the trading price of Common Shares on the TSX Venture Exchange (the “TSXV”) equals or exceeds C$1.00 for twenty consecutive trading days by providing a 30 days’ notice to Warrant holders.
The big shareholder groups in Avidian Gold Corp. (CVE:AVG) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a Read More...