Home Corporate projects News Investors Contact
Gold, Copper and Growth
 
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004


News



Acero-Martin reprices warrants to 60 cents

August 11, 2005
Acero-Martin Exploration Inc., subject to regulatory approval, has approved the extension and repricing of a total of 939,500 outstanding warrants originally expiring on Aug. 24, 2005, at an exercise price of 75 cents per share, to an exercise price of 60 cents per share, expiring up to and including Sept. 30, 2005. Warrants held by insiders of the company will be repriced and extended pursuant to TSX Venture Exchange policies, which provide that no more than 10 per cent of the amended warrants may be held by insiders.

Further, the board of directors have proposed an amendment to the eligibility of the flow-through characteristics of the shares underlying the warrants, whereby the underlying shares would be 50-per-cent flow-through eligible shares as opposed to 75-per-cent flow-through eligible shares. This amendment is subject to the consent and agreement of all warrantholders.
 
     
Sign up for latest updates
*  Email Address:

 
 
© Copyright AM Gold Inc. 2016
 
 
HOME  |  CORPORATE  |  PROJECTS  |  NEWS  |  INVESTORS  |  CONTACT  |  DISCLAIMER