NetCents has realizes over $500,000 through the exercising of 893,000 warrants.
Clayton Moore, Founder and CEO of NetCents said, "The recent flurry in the market has allowed many of our shareholders to exercise their warrants. I view this as being extremely positive as our shareholders who have supported the company get rewarded. Also, it allows NetCents to access more capital without being further dilutive to the company."
He further added, "Relative to other companies in this space, NetCents is very well structured for future growth and financings."
NetCents currently has 34,865,053 shares issued and outstanding and a further 6,112,875 reserved for issuance resulting in 40,977,928 on a fully diluted basis.
www.newswire.ca/news-releases/...cised-warrants-657509533.html