Business
Altiplano Updates Progress on Warrants Exercised, Comments on Operating Results for the Year
Altiplano Updates Progress on Warrants Exercised, Comments on Operating Results for the Ye...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"\n\n\n\nAltiplano Updates Progress on Warrants Exercised, Comments on Operating Results for the Year\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-BOTTOM:1pt; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.83em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prngen3{\nBORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.83em; VERTICAL-ALIGN: TOP; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prngen2{\nBORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: TOP; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n.prnsbb1{\nBORDER-BOTTOM:1pt\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnsbr1{\nBORDER-RIGHT:1pt\n}\n.prnpr10{\nPADDING-RIGHT:0.83em\n}\n.prnsbl1{\nBORDER-LEFT:1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nEDMONTON, Jan. 18, 2018\n\n\n\nAPN: TSXVThe ALTPF: OTCQB9AJ1: FWB\n\n\n\nEDMONTON, Jan. 18, 2018 /CNW/ - Altiplano Minerals Ltd. (TSX-V:APN) (OTCQB:ALTPF) (FWB:9AJ1) (\"APN\" or the \"Company\") is pleased to report that, since commencing Chilean operations in January 2017, three quarters of the share purchase warrants issued in conjunction with financings completed in June of 2016 and February of 2017 (the \"Warrants\") have been exercised for proceeds of $3,084,177 leaving 6,021,747 Warrants outstanding and in-the-money, which would represent proceeds of a further $1,059,677 to the Company upon exercise (see Table 1 below) and may eliminate the need to seek additional equity financing in the near term. The Company currently has an estimated working capital of $1.60 million as Management works to complete its initial bulk sample, reflects upon the results of 2017 and charts a course for 2018.\n\nTable 1 - Share Purchase Warrants\n\n\n\n\nWarrants\n\n\nIssued\n\n\nExpiry\n\n\nPrice\n\n\nExercised\n\n\nvs Issued\n\n\nProceeds received\n\n\nOutstand...