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ALUULA Provides Update on Warrant Exercise for Proceeds of $987K and Expansion of Investor Outreach
Newsfile· 2025-09-10 22:00
ALUULA Provides Update on Warrant Exercise for Proceeds of $987K and Expansion of Investor OutreachSeptember 10, 2025 6:00 PM EDT | Source: ALUULA Composites Inc.Victoria, British Columbia--(Newsfile Corp. - September 10, 2025) - ALUULA Composites .Inc. (TSXV: AUUA) ("ALUULA" or the "Company") today announced that 99.6% of its repriced warrants were exercised for gross proceeds of $987,371.18. In addition, ALUULA's CEO and President, Sage Berryman, will be speaking at several investor relation ...
ALUULA Composites Inc. Announces Acceleration of Warrants and AGM Results
Newsfile· 2025-08-05 21:40
Core Points - ALUULA Composites Inc. announces an accelerated expiry date for 24,489,953 share purchase warrants due to the company's common shares closing above $0.97 for 10 consecutive trading days [1][2][3] - The exercise period for the warrants will be reduced to 30 calendar days, expiring on September 4, 2025, with any unexercised warrants becoming void after this date [2][3] - The company held its 2025 annual general meeting on July 9, 2025, where all matters were approved, and the current Board of Directors was confirmed [4] Company Overview - ALUULA Composites Inc. specializes in ultra-light, high-performance, and recycle-ready composite materials aimed at enhancing outdoor gear performance [5] - The company emphasizes that its innovations do not compromise sustainability for performance, offering materials that are lighter, stronger, and more sustainable [5] - ALUULA's products are manufactured on the Canadian west coast and are recognized for their unique construction capabilities [5]
ALUULA Composites Inc. Announces Exchange Approval of Warrant Amendment
Newsfile· 2025-07-14 11:00
Core Viewpoint - ALUULA Composites Inc. has received approval from the TSX Venture Exchange to extend and reprice its outstanding share purchase warrants, which were originally granted in July 2023 [1][2]. Summary by Sections Warrant Extension and Repricing - The company announced the extension and repricing of 24,489,953 outstanding share purchase warrants, allowing holders to acquire one common share at an exercise price of $0.81 until July 12, 2026 [1][2]. Accelerated Expiry Clause - The warrants will be subject to an accelerated expiry clause, where if the closing price of the company's common shares reaches $0.97 or higher for 10 consecutive trading days, the exercise period will be reduced to 30 calendar days [3]. Warrant Consolidation Details - The company clarified that the number of outstanding warrants remains at 24,489,953, despite a previous assumption of consolidation into 1,224,498 warrants. The current structure requires 20 warrants to acquire one share [5]. Company Overview - ALUULA Composites Inc. specializes in ultra-light, high-performance, and recycle-ready composite materials, enhancing outdoor gear performance while maintaining sustainability [6].