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Website - http://www.draxis.com/

 

Warrant Symbol - DAX.WT
Number  Trading - 1,526,718
Expiration Date - April 24, 2006
Cusip - 26150J 11 9

Warrants called to trade news

Draxis Health warrants called to trade

2004-04-20 19:45 ET - Warrants Called to Trade
TSX bulletin 2004-0399
A total of 1,526,718 common share purchase warrants of Draxis Health will be listed
and posted for trading at the open on Thursday, April 22, 2004, under the following
trading information.

Symbol:  DAX.WT
Cusip No.:  26150J 11 9

Designated market-maker:  M. Ellis, Dundee Securities Corp.
Other markets:  None
The listing covers warrants forming part of 3,053,436 units sold to the public at a
price of $6.55 per unit pursuant to the terms of a short form prospectus dated April
13, 2004. Each unit consists of one common share and one-half of a warrant. The
units will separate immediately upon closing of the public offering.
Each warrant entitles the holder to purchase one common share of Draxis at a price
of $8.50 per share at any time prior to 5 p.m. (Toronto time) on April 24, 2006.
The warrants are governed by the terms of a warrant indenture dated April 22, 2004,
between Draxis and Computureshare Trust Company of Canada, as trustee. The
warrant indenture provides for appropriate adjustments to the warrants in the event
of stock dividends, subdivisions, consolidations and other forms of capital
reorganization.

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