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Earthworks Industries Seeks Extension for Warrant Exercise Date

Story Highlights
  • Earthworks Industries plans to extend the exercise date for 6,222,600 share purchase warrants.
  • The extension could impact the company’s financial strategy and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Earthworks Industries Seeks Extension for Warrant Exercise Date

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Earthworks Industries ( (TSE:EWK) ) has provided an update.

Earthworks Industries Inc. is seeking approval from the TSX Venture Exchange to extend the exercise date of 6,222,600 outstanding share purchase warrants by two years, moving the deadline to October 30, 2027. This extension, involving warrants held by North Bay Corporation, allows for the purchase of shares at $0.40 each, potentially impacting the company’s financial strategy and shareholder value.

More about Earthworks Industries

Average Trading Volume: 317,283

Technical Sentiment Signal: Sell

Current Market Cap: C$10.52M

Learn more about EWK stock on TipRanks’ Stock Analysis page.

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