Edgewater Wireless gets exchange approval for warrant amendment

Edgewater Wireless Systems Inc. (TSX.V: YFI) (OTCQB: KPIFF), the developer of WiFi3â„¢ multi-channel WiFi chipsets and access point products for high-density wireless networks is announcing it has received approval from the TSX Venture Exchange for the previously announced amendment to extend the term of an aggregate of 6,167,625 outstanding share purchase warrants set to expire on August 24, 2018 by two years to August 24, 2020, the company said.

The warrants were issued pursuant to a non-brokered private placement of units completed by the company on August 24, 2016 with an original term of two years. The extension to the term of the warrants is subject to the acceptance of the TSX Venture Exchange.

The expiry date of the warrants was extended to August 24, 2020.

Edgewater Wireless develops and commercializes edge technologies and intellectual property for the communications market. Edgewater Wireless delivers advanced product solutions designed to meet the high-density, high quality of service (QoS) and high-reliability needs of service providers and their customers. Explore the evolution of Wi-Fi at www.EdgewaterWireless.com and www.aera.io/.