- 1,236,462 warrants exercisable to purchase 1,236,462 common shares of the Company at $0.50 per common share, 1,130,906 of which are due to expire on December 20, 2015 and 105,556 of which are due to expire on December 27, 2015;
- 750,000 warrants exercisable to purchase 750,000 common shares of the Company at $0.51 per common share, which are due to expire on February 12, 2016;
- 650,000 warrants exercisable to purchase 650,000 common shares of the Company at $0.57 per common share, which are due to expire on February 28, 2016;
The proposed new respective expiry dates for the warrants are December 20, 2016, December 27, 2016, February 12, 2017 and February 28, 2017. The affected warrants were issued pursuant to private placements completed in December 2013 and February 2014. The respective exercise prices of the warrants will remain unchanged. The warrant extensions are subject to acceptance for filing by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
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 news release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.