Business
IDC ANNOUNCES RE-PRICING OF THE EXERCISE PRICE OF SHARE PURCHASE WARRANTS
IDC ANNOUNCES RE-PRICING OF THE EXERCISE PRICE OF SHARE PURCHASE WARRANTS
About this update from Imaging Dynamics Company, Ltd.
[{"type":"text","content":"\n\n\n\n Nov. 5, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nCALGARY, Nov. 5 /CNW/ - Imaging Dynamics Company Ltd. ("IDC" or the "Company") (TSX: IDL) - wishes to announce that it will make application to the\n Toronto Stock Exchange for the re-pricing of 5,729,165 share purchase\n warrants (the "Re-priced Warrants") originally issued in connection with a non-brokered loan that closed\n on June 8, 2009. The original terms specified that each whole warrant\n was exercisable into one common share of IDC at a price of $0.12 per\n share expiring on June 8, 2012. The Company will amend the warrant\n exercise price from $0.12 per share to $0.04 per share.  None of the\n holders of the Re-Priced Warrants are insiders (as such term is defined\n in the Toronto Stock Exchange Company Manual) of IDC.\n\n\nThe transaction is subject to acceptance by the Toronto Stock Exchange.\n\n\nAbout Imaging Dynamics Company (IDC):\n\n\nIDC is a medical devices technology company and innovative force in the\n high growth field of digital radiography (DR) technology. IDC's product\n line of CCD-based X-Series direct capture technology replaces\n conventional film-based diagnostic imaging and provides a\n cost-effective alternative to flat panel (TFT) technology and computed\n radiography (CR) systems.\n\n\nEach IDC DR solution provides high resolution radiographic images in the\n digital format required for today's PACS (Picture Archiving &\n Communication Systems)...