Listing Of Warrants
65.4 million warrants approved for listing on TSXV, trading commences April 21, 2025.
- Warrants approved for listing 65,435,521
- Exercise price per Common Share C$0.09
- Warrant expiry date April 8, 2028
- Units issued in Offering 65,435,521
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Calgary, Alberta - April 17, 2025 - Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU) (AIM:SOUC) is pleased to announce that it has received the approval of the TSX Venture Exchange (the "TSXV") for the supplemental listing of 65,435,521 common share purchase warrants of the Company (the "Warrants") issuable pursuant to the Company's previously announced prospectus offering (the "Offering") of units of Southern ("Units").
The Warrants are expected to commence trading on the TSXV under the symbol "SOU.WT" as of market open on or about April 21, 2025.
An aggregate of 65,435,521 Units were issued in connection with the closing of the Offering on April 8, 2025, with each Unit consisting of one (1) common share ("Common Share") in the capital of the Company and one (1) Warrant. Each Warrant entitles the holder thereof to acquire one (1) Common Share at an exercise price of C$0.09 per Common Share at any time prior to 5:00 p.m. (Calgary time) on April 8, 2028. The Warrants are governed by a warrant indenture between the Company and Odyssey Trust Company, as warrant agent, dated April 8, 2025 (the "Warrant Indenture").
For more information about the Offering and the Warrants, please refer to the Company's news releases dated March 12, 2025, March 25, 2025, and April 8, 2025, as well as the Warrant Indenture, each of which are accessible under the Company's profile on SEDAR+ at www.sedarplus.ca.
About Southern Energy Corp.
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