Findev Inc. Extends Warrant Expiry Date
Thursday, November 8, 2018 6:17 PM
TORONTO, ON / ACCESSWIRE / November 8, 2018 / Findev Inc. ("Findev" or the "Corporation") (TSX-V: FDI), is pleased to announce that it has obtained approval to extend the expiry date of its warrants that were to originally expire on October 7, 2019. The revised expiry date will now be October 7, 2021. With all other terms remaining unchanged.
There are currently 11,542,665 warrants that are issued and outstanding and were to expire on October 7, 2019. Each warrant gives the holder the right to purchase one common share of the Corporation at an exercise price of $0.70, on or before the expiry date.
Findev is a publicly traded real estate finance company focused on financing real estate developers with shorter-term loans of one to five years during the development or redevelopment process. Loans are secured by investment properties and real estate developments throughout the Greater Toronto Area. Findev's unique market advantages include its expertise in real estate development and access to its real estate development partners. As a result, Findev is uniquely suited to assist developers engaged in challenging projects. For further information please visit Findev's website at www.findev.ca.
On behalf of the Company,
Sruli Weinreb, CEO
(647) 789 - 5188
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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SOURCE: Findev Inc.