On April 8, 2021, Voyageur Mineral Explorers Corp. announced the results of its early exercise warrants incentive program. Under the program, each outstanding warrant of Voyageur that was exercised received one-half of one new warrant. Each new warrant entitles the holder thereof to purchase one common share at a price of $0.50 for a period of two years from the date of issuance. Voyageur received aggregate gross proceeds of $974,826 upon the exercise of 2,773,365 warrants and issued 1,386,682 new warrants.
Cassels acted for Voyageur.