TSX Venture Exchange: MCF
The Class B common shares are non-voting and not listed on any stock exchange.
Each Class B common share will, on a pro rata basis, be automatically converted into one Class A common share if the company determines that upon such conversion the company would have a sufficient percentage of Class A common shares in the “Public Float” (as that term is defined and such requirement is set out in the policies of the
TSX Venture Exchange).
1,314,064 stock options have an exercise price of $0.26 and will expire on June 26, 2022. The stock options vest over a period of three years from the date of grant, with 1/3 vesting on each of the first, second and third year anniversary dates.
1,000,000 of these warrants have an exercise price of $2.00 and will expire on July 3, 2018. 999,999 of these warrants have an exercise price of $0.15 and will expire on April 29, 2021. 5,000,000 of these warrants have an exercise price of $0.26 and will expire on June 26, 2022.
(1) This share structure chart is current as of June 27, 2017.
(2) This amount includes:
Class B Common Shares
Issued and Outstanding – Class A Common Shares