MARKHAM, ON, April 21 /CNW/ - VIQ Solutions Inc. ("VIQ Solutions" or the
"Corporation") (TSX Venture: VQS) and the holders of 4,832,278 VIQ Solutions
share purchase warrants have agreed to amend the expiry date of these warrants
such that these warrants have now expired. The warrants were originally issued
in an $0.18 unit private placement, which closed in multiple tranches between
December 30, 2004 and February 28, 2005. The units consisted of one common
share and one half of one warrant, each whole warrant having a strike price of
$0.30 and originally expiring on dates from June 30, 2006 to August 28, 2006.
VIQ Solutions currently has outstanding 66,081,753 common shares and
8.4 million share purchase warrants. Of these outstanding warrants,
4.5 million are exercisable at $0.30 and expire on or before September 16,
2006, 3.6 million are exercisable at $0.30 and expire on September 16, 2007
and 345,000 have exercise prices between $0.50 and $1.07 and expire in 2008.
About VIQ Solutions Inc.
VIQ Solutions is recognized as a global provider in the digital audio
industry with innovative product and service-based solutions for voice-driven
systems in the legal, medical, business, and government industries. VIQ
Solutions provides an integrated range of digital record workflow solutions,
including digital audio and video capture, workflow management software,
transcription services, interactive electronic scheduling, and case management
integration, all from one central, secure database.
The TSX Venture Exchange has neither approved nor disapproved
of the contents of this press release.
