Candelaria Mining Announces Proposed Warrant Extension
November 15 2018 - 5:38PM
Candelaria Mining Corp. (TSXV:CAND, OTC
PINK:CDELF) (the “
Company”) announces that it
proposes to make an application to the TSX Venture Exchange to
extend the expiry dates of 12,632,398 outstanding share purchase
warrants (the “
Warrants”) by twelve months. The
Company proposes to extend the expiry dates of the Warrants as
follows: December 14, 2020 as to 2,888,888 warrants, January 6,
2021 as to 2,154,443 warrants, March 13, 2021 as to 777,777
warrants and February 18, 2021 as to 6,811,289 warrants.
The Warrants were originally issued pursuant to
private placements completed from June to September 2016, and
pursuant to the conversion of a convertible note. Each Warrant
entitles the holder to purchase one common share in the capital of
the Company at a price of $0.60 per share. All other terms of the
Warrants will remain the same.
The warrant extension remains subject to
approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD,
Curtis TurnerChief Executive Officer
For further information, please contact:
Sam Wong, CFO
Investor RelationsEmail:
contact@candelariamining.comPhone: 604-349-5992
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.
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