Business
Adamera Extends Warrants
(TheNewswire) Vancouver, B.C. - TheNewswire - December 03 , 2021 ...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera Extends Warrants\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire -\n \n \n December 03 ,\n2021 - Adamera Minerals Corp.\n \n \n (TSXV:ADZ\n \n \n )\n \n \n (\n \n \n OTC:DDNFF)\n \n \n is\nseeking approval from the TSX Venture Exchange to extend\n \n \n the terms of certain warrants which would otherwise expire on\nJanuary 11, 2022.\n \n \n 4,166,667 warrants granted on\nJuly 11, 2018, with the original expiry date of July 11, 2021,\nare\n \n \n now extended to expire on January 11, 2023,\nwith each warrant entitling the holder to purchase\n \n \n one common share of the Company at $0.12 per share. The\nwarrants are still subject to an\n \n \n accelerated\nexpiry date, which comes into effect when the price of the Company's\ncommon\n \n \n shares on the TSX Venture Exchange closes\nat a price of $0.20 or more per share during any ten\n \n \n consecutive trading day period. In such an event, the expiry\ndate will be accelerated to a date that\n \n \n is 30\ndays after the Company's shares trade for ten consecutive days at or\nabove $0.20.\n \n \n \n \n The company is also seeking to extend 6,875,000\nwarrants granted on June 22, 2020, with the exercise price of $0.10\nand original expiry date of June 22, 2021, and 4,525,000 warrants with\nan exercise price of $0.10 granted on July 2, 2020, with an expiry\ndate of July 2, 2021 will be extended to a date of December 22, 2022\nand January 2, 2023.\n \n \n \n \n \n \n About\nAdamera\n \n \n \n \n Adamera Minerals Corp. is exploring for a high-grade\ngold deposit near Republic Washington. This area has reportedly\nproduced 8 million ounces of gold. Adamera is the dominant regional\nexplorer in the area.\n \n \n \n \n \n \n On behalf of the Board\nof Directors,\n \n \n \n \n Mark Kolebaba\n \n President & CEO\n \n \n \n \n For additional information please contact:\n \n Email:\n \n \n \n \n [email protected]\n \n \n \n \n \n Website:\n \n \n \n \n www.Adamera.com\n \n \n \n \n \n \n The TSX Venture Exchange has not\nreviewed and does not accept responsibility for the adequacy or\naccuracy of this release. Statements in this press release, other than\npurely historical information, including statements relating to the\nCompany’s future plans and objectives or expected results, may\ninclude forward-looking statements. Forward-...