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CERF Incorporated

11:42 AM EST - CERF Incorporated : reported that, as of September 30, and following the notice of the acceleration of the expiry date of CERF's Series A and Series B warrants, 4,197,167 Series A and 79,000 Series B warrants were exercised for common shares of CERF at an exercise price of $3.15 per share. CERF received approximately $13.5 million from the exercise of the Warrants. CERF Incorporated
shares V.CFL are trading down $0.08 at $3.07.