Stakeholder Gold Corp.: Announcement
09 Março 2012 - 1:21PM
Marketwired Canada
Stakeholder Gold Corp. ("Stakeholder" or the "Corporation") (TSX VENTURE:SRC) is
pleased to announce that, subject to TSX Venture Exchange approval, it has
agreed to amend the terms of the following previously issued share purchase
warrants:
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Expiry
Exercise Revised date prior Revised
Number of Issue price prior Exercise to Expiry Acceleration
warrants Date to revision price revision Date Clause
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The warrants
will be
subject to an
August 9, August 9, August 9, accelerated
410,000 2011 $0.50 $0.25 2012 2013 expiry
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The acceleration clause will be as follow:
"If, for any ten (10) consecutive trading days, the closing price of the common
shares of the Corporation is more than $0.33, the Corporation shall notify the
warrant holder of its intention to force the exercise of the Warrants. Upon
receipt of such notice, the warrant holder shall have 30 days to exercise the
warrants, failing which the warrants will automatically expire."
Shares Issued 40,871,641
Stakeholder Gold (TSXV:SRC)
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