Business
Warrant Repricing and Extension
(TheNewswire) Vancouver, BC - TheNewswire - June 19, 2023 - BEACN Wizardry &...
About this update from Beacn Wizardry & Magic Inc
[{"type":"text","content":"Warrant Repricing and Extension\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n June 19, 2023 -\n \n \n BEACN Wizardry & Magic\nInc.\n \n \n (“BEACN” or the\n“Company”) (TSX-V:BECN)\n \n \n announces that,\nsubject to the approval of the TSX Venture Exchange, the Company is\nseeking to extend the term and amend the price of certain warrants\n(the “\n \n \n Warrants\n \n \n ”) of the Company\n \n \n which would\notherwise expire on October 29, 2023.\n \n \n \n \n \n \n Warrant Repricing and\nExtension\n \n \n \n \n The Company intends to extend the expiry date and\nreprice the\n \n \n 2,916,666 Warrants granted on\nOctober 29, 2021, with each Warrant entitling the holder to purchase\none common share of the Company, as follows:\n \n \n \n \n \n \n \n Number of Warrants Outstanding\n \n \n \n \n \n \n Issue Date\n \n \n \n \n \n \n Original Exercise Price\n \n \n \n \n \n \n Original Expiry Date\n \n \n \n \n \n \n New Exercise Price\n \n \n \n \n \n \n New Expiry\n \n Date\n \n \n \n \n \n \n \n \n 2,916,666\n \n \n \n \n \n \n October 29, 2021\n \n \n \n \n \n \n $0.60\n \n \n \n \n \n \n October 29, 2023\n \n \n \n \n \n \n $0.45\n \n \n \n \n \n \n November 29, 2025\n \n \n \n \n \n \n \n \n About BEACN\n \n \n \n \n \n BEACN (TSX-V: BECN) develops innovative audio\nequipment, peripherals and technology for gamers, live streamers, and\ncontent creators.  BEACN is committed to delivering premium products\nthat enable everyone to produce studio-quality content. BEACN's\naward-winning product ecosystem includes BEACN Mic, BEACN Mix and\nBEACN Mix Create.\n \n \n \n \n For further information, please\ncontact:\n \n \n \n \n BEACN Wizardry & Magic Inc.\n \n \n \n \n Daniel Davies: [email protected] or (250)\n661-6336\n \n \n \n \n Cautionary Note Regarding\nForward-Looking Information\n \n \n \n \n Certain information set forth in\nthis news release contains forward-looking statements or information\n(\"\n \n \n forward-looking ‎statements\n \n \n \"), including details about the proposed extension and\nrepricing of the Warrants.\n \n \n All statements, other than statements of historical fact, included\nherein, including, without limitation, s...