 |
|
|
| |
|
|
|
| | Fri Mar 6, 2009
Cangold Amends Warrant Terms
|
| | CANGOLD LIMITED (TSX-V: CLD, the "Company") is amending the terms of the 2,962,500 non-transferable share purchase warrants (Series N) issued on March 25, 2008.
Subject to TSX Venture Exchange approval, the exercise price of the warrants will be changed from $0.25 to $0.10, and the expiry date of the warrants will be extended from March 24, 2009 to March 24, 2010; provided that the exercise period will be reduced to 30 calendar days if, for any 10 consecutive trading days during the unexercised term of the warrant (the "Premium Trading Days"), the closing price of the common shares of the Company is at least $0.125. The reduced exercise period of 30 days will begin 7 calendar days after the 10th Premium Trading Day.
For further information please visit the Company's website at www.cangold.ca or contact Don Mosher, at telephone 604 685 6465, fax 604 685 9744 or e-mail info@cangold.ca
ON BEHALF OF THE BOARD
Kaare G. Foy: Executive Chairman
CANGOLD LIMITED |
| |
| | You can view the Next News Releases item: Mon Mar 16, 2009, Cangold Closes Private Placement
You can view the Previous News Releases item: Tue Feb 17, 2009, Cangold Announces $300,000 Financing
You can return to the main News Releases page, or press the Back button on your browser.
|
|
| |
| | | | | |
