Tomco Energy (NCS)- the next Cadence?

9. The Strand Shares and the Strand Warrant

In consideration of advising the Company in connection with the Proposals,
Strand Partners will on Completion be allotted Ordinary Shares with a value of
#75,000 at the Placing Price. Further, Strand Partners Securities has been
issued with the Strand Warrant, pursuant to which it has the right to subscribe
at the Placing Price for such number of Ordinary Shares as represents 2 per
cent. of the Ordinary Share capital of the Company at the time of its exercise.
The Strand Warrant is exercisable for 5 years following and subject to
Admission.