FLYHT Updates Warrant & Stock Option Exercises
December 24 2013 - 6:03AM
Marketwired
FLYHT Updates Warrant & Stock Option Exercises
CALGARY, ALBERTA--(Marketwired - Dec 24, 2013) - FLYHT Aerospace
Solutions Ltd. (TSX-VENTURE:FLY)("FLYHT" or the "Corporation") is
pleased to announce that, since September 30, 2013, a total of: (i)
878,006 warrants were exercised with an exercise price of $0.20 per
share, 1,365,500 warrants were exercised with an exercise price of
$0.30 per share, and 13,570,000 warrants were exercised with an
exercise price of $0.40 per share (each warrant exercisable into
one common share of the Corporation for an aggregate $6,013,283 of
warrant exercise proceeds to the Corporation); and (ii) 224,000
stock options were exercised with an exercise price of $0.25 per
share, and 45,000 stock options were exercised with an exercise
price of $0.41 per share (each stock option exercisable into one
common share of the Corporation for an aggregate $74,450 of stock
option exercise proceeds to the Corporation).
FLYHT wishes our shareholders, customers, staff and public
market partners a Merry Christmas and a Happy and Prosperous New
Year. We want to thank our valued shareholders for their continued
support. Season's greetings to everyone.
About FLYHT Aerospace Solutions Ltd.
FLYHT provides proprietary technological products and services
designed to reduce costs and improve efficiencies in the airline
industry. The Company has patented and commercialized three
products and associated services currently marketed to airlines,
manufacturers and maintenance organizations around the world. Its
premier technology, AFIRS™ UpTime™, allows airlines to monitor and
manage aircraft operations anywhere, anytime, in real time. If an
aircraft encounters an emergency, FLYHT's triggered data streaming
mode, FLYHTStream™, automatically streams vital data, normally
secured in the black box, to designated sites on the ground in
real-time. The Dragon is FLYHT's latest product, a revolutionary
light weight portable satellite communications device that blends
existing FLYHT technology with that of the iPad.
AFIRS, UpTime, the Dragon FLYHT, FLYHTStream and AeroQ are
trademarks of FLYHT Aerospace Solutions Ltd.
Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
FLYHT Aerospace Solutions Ltd.Thomas R. French, CGAVP Finance
and CFO(403) 291-7427tfrench@flyht.comInvestor Relations:The Howard
Group Inc.Dave BurwellSenior Associate(888) or (403)
221-0915Bristol Institutional RelationsGlen AkselrodPresident(905)
326-1888Kin Communications Inc.Fred Leigh(866) or (604)
684-6730FLY@kincommunications.com
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