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$HMTXF common share and warrant elaboration

Indice NIFTY 50 (NSE:NIFTY)  
immediateSnow30226  
NSE:NIFTY   Indice NIFTY 50
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The recently announced private placement of 15 million units has put the entire OTC in awe, in which each full unit consists of one common share and one purchase warrant, each full warrant entitles the holder to acquire one common share at $0.55 per common share for a period of 24 months from the closing of the deal.
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