Notice of Repricing of Common Stock Purchase Warrants by ICP Solar Technologies Inc.

Contract Categories: Business Finance › Warrant Agreements
Summary

ICP Solar Technologies Inc. has announced a change to the exercise price of its common stock purchase warrants issued on July 11, 2006. Effective March 25, 2008, the exercise price for these warrants is reduced to $0.50. This notice is addressed to all holders of the affected warrants and is authorized by the company's board of directors.

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EX-4.1 2 icpexh41.htm EXHIBIT 4.1 ICP Solar Technologies Inc.: Exhibit 4.1 - Prepared by TNT Filings Inc.
 

USA
CANADA
EUROPE
ASIA
AUSTRALIA

NOTICE REPRICING
COMMON STOCK PURCHASE WARRANTS

To the holders of our common stock purchase warrants:

On March 25, 2008, the board of directors of ICP Solar Technologies Inc., authorized the repricing of the exercise price of the common stock purchase warrants described below to $0.50. This repricing of the common stock purchase warrants will apply to all of the currently outstanding warrants issued on July 11, 2006.

March 25, 2008

By ORDER OF THE BOARD OF DIRECTORS,

ICP SOLAR TECHNOLOGIES INC.

By:  /s/ Sass Peress                    
        Sass Peress
        President and Chief Executive Officer