Certain Common Shares of Fennec Pharmaceuticals Inc. are subject to a Lock-Up Agreement Ending on 30-JUL-2020. These Common Shares will be under lockup for 91 days starting from 30-APR-2020 to 30-JUL-2020.

Details:
The officers and directors have agreed, subject to certain specified exceptions, not to directly or indirectly, for a period of 90 days after the date of the underwriting agreement. sell, offer, contract or grant any option to sell (including any short sale), pledge, transfer, establish an open “put equivalent position” within the meaning of Rule 16a-l(h) under the Exchange Act or otherwise dispose of, any common shares, options or warrants to acquire common shares, or securities exchangeable or exercisable for or convertible into common shares currently or hereafter owned either of record or beneficially.