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Has received cumulative, aggregate proceeds of $ 16.0 million from the exercise of 18,837,888 common share purchase warrants that expired on April 25, 2023. The warrants had an exercise price of $0.85 and were issued in connection with Cathedral's $26.4 million bought deal financing that closed on April 25, 2022. Each full warrant entitled the holder to one common share in the Company upon exercise. Cathedral Energy Services Ltd. shares T.CET are trading unchanged at $0.83.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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