An agreement to manage the exercising of the outstanding Series 1 warrants of Arimetco International (TSE) by Sept. 30 has been entered into with securities firm Midland Walwyn, the company reported.
About 2.5 million of the warrants are outstanding and exercisable into common shares at $1.75 each by the end of 1991. Warrants not exercised by Sept. 30 will be allowed to run their normal course to expiration, Arimetco said.
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