According to the TSX, the warrants issued according to the prospectus of December 13, 2019 will begin their transaction on December 19, 2019.
The Green Organic Dutchman Holdings Ltd. warrants will be under the symbol TGOD.WS with the Cusip 393210182 There will be 18.4M of warrant outstanding
Each warrant will be exercisable at $1 per share for 36 months after the closing of the offering
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Here is the company prospectus available on sedar.com :
THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.
$24,000,000 32,000,000 Units
Price: $0.75 per Unit
This short form prospectus (the “Prospectus”) qualifies the distribution of 32,000,000 Units (the “Units”) of The Green Organic Dutchman Holdings Ltd. (the “Company”) to be issued from treasury (the “Offering”) at a price of $0.75 per Unit (the “Offering Price”). Each Unit will consist of one common share (a “Unit Share”) in the capital of the Company and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will entitle the holder to acquire, subject to adjustment in certain circumstances, one common share in the capital of the Company (each, a “Warrant Share”) at an exercise price of $1.00 per Warrant, until 4:00 p.m. (Eastern time) on the date that is 36 months from the Closing Date (as defined herein), subject to the terms of a warrant indenture (the “Warrant Indenture”) to be dated as of the Closing Date between the Company and Computershare Trust Company of Canada (the “Warrant Agent”), as warrant agent.The Offering is being made pursuant to an underwriting agreement dated December 2, 2019 (the “Underwriting Agreement”) between the Company and Canaccord Genuity Corp. (the “Underwriter”) as amended December 10, 2019. The Offering Price and other terms of the Offering were determined by arm’s length negotiation between the Company and the Underwriter.The Company’s common shares (the “Common Shares”) are listed and posted for trading on the Toronto Stock Exchange (the “TSX”) under the symbol “TGOD” and on the OTCQX under the trading symbol “TGODF”.
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