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Altiplano Announces Notice of Warrant Acceleration
Edmonton, Alberta--(Newsfile Corp. - November 12, 2020) -   Altiplano Metals Inc . (TSXV:...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Announces Notice of Warrant AccelerationEdmonton, Alberta--(Newsfile Corp. - November 12, 2020) -  Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") announced today that it has elected to exercise its right under the terms and conditions (the \"Warrant Terms\") of the common share purchase warrants of the Company issued on February 18, 2020 and March 19, 2020 (the \"Warrants\") to accelerate the expiry date of the Warrants. Pursuant to the Warrant Terms, Altiplano may accelerate the expiry of these Warrants at any time prior to their expiry, in the event the closing price of the common shares of the Company on the TSX Venture Exchange exceeds $0.20 for twenty (20) consecutive trading days by providing written notice to the warrant holders. The Warrants will, unless exercised, expire on the 30th day after the Company provides notice.As of the close of markets on November 11, 2020, the share price of Altiplano has traded in excess of $0.20 for over twenty (20) consecutive days. Accordingly, the expiry date for the Warrants is accelerated to December 12, 2020.As of November 12, 2020, a total of 4,252,164 Warrants have yet to be exercised. Each Warrant is exercisable to acquire one common share at an exercise price of $0.10. If all Warrants are exercised, proceeds to the Company will total $425,216.About AltiplanoAltiplano Metals Inc. (TSXV: APN) is a Canadian mining company focused on developing and acquiring near term cash flowing assets and exploring for projects of significant scale. Altiplano's goal is to grow into a mid-tier mining company through developing a portfolio of near-term production projects, cash flowing assets, and exploration projects focusing on copper, gold and silver. Management has a substantial record of success in capitalizing on opportunity, overcoming challenges and building shareholder value. Altiplano is part of the Metals Group portfolio of companies. Metals Group is an award-winning team of professionals who stand for technical excellence, painstaking project selection, uncompromising corporate governance and a unique ability to discover and develop opportunities.www.metalsgroup.comON BEHALF OF THE BOARD/s/ \"John Williamson\"ChairmanFor further information, please contact:Jeremy Yaseniuk, [email protected]: (604) 773-1467Neither the TSX V...