.

“Each whole Warrant will entitle the holder thereof to acquire one additional Common Share at an exercise price of $0.18….”

I forgot to mention that there is another effect of the Reverse Stock Split on warrants. Again, using for an example the 1 for 2 reverse stock splits, the warrants will automatically be reduced in the same ratio as the reduction in the outstanding shares. However, the per share exercise price of those warrants will also be increased in direct proportion to the reverse stock split ratio, so that the aggregate dollar amount payable for the purchase of the shares subject to the warrants will remain unchanged.

In the case of FO warrants the exercise price per share would jump to $0.36