Legend Power Systems Receives Approval to Amend Term of Warrants
Legend Power Systems (OTCQB: LPSIF), a commercial electrical system solutions provider, has received approval from the TSX Venture Exchange to extend the expiry date of 12,861,553 common share purchase warrants. The warrants, originally issued in a two-tranche private placement in July and August 2023 with an exercise price of $0.25, will have their expiry dates extended by one year to July 31, 2026, and August 22, 2026, respectively.
Legend Power Systems (OTCQB: LPSIF), fornitore di soluzioni per sistemi elettrici commerciali, ha ottenuto l'approvazione dalla TSX Venture Exchange per estendere la data di scadenza di 12.861.553 warrant per l'acquisto di azioni ordinarie. I warrant, originariamente emessi in un collocamento privato in due tranche a luglio e agosto 2023 con un prezzo di esercizio di 0,25 $, vedranno la loro scadenza prorogata di un anno, rispettivamente al 31 luglio 2026 e al 22 agosto 2026.
Legend Power Systems (OTCQB: LPSIF), proveedor de soluciones para sistemas el茅ctricos comerciales, ha recibido la aprobaci贸n de la TSX Venture Exchange para extender la fecha de vencimiento de 12.861.553 warrants para la compra de acciones ordinarias. Los warrants, emitidos originalmente en una colocaci贸n privada en dos tramos en julio y agosto de 2023 con un precio de ejercicio de 0,25 $, tendr谩n su fecha de vencimiento extendida por un a帽o hasta el 31 de julio de 2026 y el 22 de agosto de 2026, respectivamente.
Legend Power Systems (OTCQB: LPSIF)電� 靸侅梾鞖� 鞝勱赴 鞁滌姢韰� 靻旊（靺� 鞝滉车鞐呾泊搿滌劀 TSX 氩れ矘 瓯半灅靻岆攵�韯� 12,861,553臧滌潣 氤错喌欤� 毵れ垬 鞗岆煱韸� 毵岆鞚� 鞐办灔 鞀轨澑鞚� 氚涭晿鞀惦媹雼�. 鞚� 鞗岆煱韸鸽姅 2023雲� 7鞗旉臣 8鞗� 霊� 彀鞐� 瓯胳硱 靷 氚滍枆霅橃棃鞙茧┌, 頄夓偓臧�瓴╈潃 0.25雼煬鞛呺媹雼�. 毵岆鞚检潃 臧侁皝 2026雲� 7鞗� 31鞚缄臣 8鞗� 22鞚缄箤歆� 1雲� 鞐办灔霅╇媹雼�.
Legend Power Systems (OTCQB : LPSIF), fournisseur de solutions pour syst猫mes 茅lectriques commerciaux, a re莽u l'approbation de la TSX Venture Exchange pour prolonger la date d'expiration de 12 861 553 bons de souscription d'actions ordinaires. Ces bons, initialement 茅mis lors d'un placement priv茅 en deux tranches en juillet et ao没t 2023 avec un prix d'exercice de 0,25 $, verront leur date d'expiration prolong茅e d'un an, respectivement jusqu'au 31 juillet 2026 et au 22 ao没t 2026.
Legend Power Systems (OTCQB: LPSIF), ein Anbieter von kommerziellen elektrischen Systeml枚sungen, hat von der TSX Venture Exchange die Genehmigung erhalten, das Ablaufdatum von 12.861.553 Kaufoptionen f眉r Stammaktien zu verl盲ngern. Die Optionen, die urspr眉nglich in einer Privatplatzierung in zwei Tranchen im Juli und August 2023 mit einem Aus眉bungspreis von 0,25 $ ausgegeben wurden, werden um ein Jahr bis zum 31. Juli 2026 bzw. 22. August 2026 verl盲ngert.
- Extension provides additional time for warrant holders to exercise their rights
- Potential future dilution if warrants are exercised
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - Legend Power Systems Inc. (TSXV: LPS) (OTCQB: LPSIF) ("Legend Power" or the "Company"), a global leader in commercial electrical system solutions, announces that the TSX Venture Exchange (the "Exchange") has consented to an extension on the term of 12,861,553 common share purchase warrants (the "Warrants") that were issued under the Company's private placement of units completed in two tranches on July 31, 2023 and August 22, 2023. The Warrants have an exercise price of
About Legend Power Systems Inc.
Legend Power Systems Inc. () provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend Power's proven solutions support proactive executive decision-making in a complex and volatile business and energy environment. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend Power's unique solution is also a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets.
About SmartGATE
SmartGATE is a turnkey solution that identifies and resolves inefficiencies in commercial electrical systems, enhancing energy performance while reducing costs and emissions. The SmartGATE active energy management system installs after the meter in line with your switchgear. Using our patented technology, we extract a percentage of the load, convert and analyze it, rebuild the waveform, and then inject it back into your system. This provides full voltage regulation (+/-
For further information, please contact:
Jonathan Lansky, Director
+1 416 417 7664
[email protected]
Sean Peasgood, Investor Relations
+ 1 647 503 1054
[email protected]
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company's quarterly and annual Management's Discussion & Analysis, which may be viewed on SEDAR+ at . Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results to not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements other than as may be required by applicable law.
To view the source version of this press release, please visit
FAQ
What is the new expiry date for Legend Power Systems' (LPSIF) warrants?
How many warrants are affected by Legend Power Systems' warrant extension?
What is the exercise price of Legend Power Systems' (LPSIF) extended warrants?
When were the original warrants issued by Legend Power Systems?
