Business
Caldas Gold Completes Exercise of Special Warrants; Announces Listing of New Warrants; Jeffrey Couch Appointed as Director
TORONTO, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Further to its news release dated September 21, 2020, Caldas Gold Corp. (TSX-V: CGC) (OTCQX: ALLXF) is pleased to an
About this update from Aris Mining Corp
[{"type":"text","content":" TORONTO, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Further to its news release dated September 21, 2020, Caldas Gold Corp. (TSX-V: CGC) (OTCQX: ALLXF) is pleased to announce that, in connection with its previously completed bought deal private placement offering of special warrants (“Special Warrants”), an aggregate of 22,222,222 Special Warrants were automatically exercised as of 5:00 p.m. (EST) on September 28, 2020 resulting in the issuance of 22,222,222 common shares and 22,222,222 common share purchase warrants (“Warrants”) to holders of the Special Warrants. The Warrants will begin trading on the TSX Venture Exchange (“TSX-V”) as of market open on Wednesday, September 30, 2020 under the symbol “CGC.WT”. For further details regarding the Warrants, please see the news release of the Company dated July 29, 2020 available on the Company’s website at www.caldasgold.ca or under the Company’s SEDAR profile at www.sedar.com. Updated Capitalization of the Company As of September 28, 2020, the Company now has the following securities issued and outstanding: Securities TSX-V Symbol Number CommonShares Issuable Exercise price per CommonShare Expiry or MaturityDate Common Shares CGC 99,767,662 Stock options 255,000 255,000 CA$2.10 February 25, 2021 4,550,000 4,550,000 CA$2.00 March 1, 2025 160,000 160,000 CA$2.50 June 26, 2025 200,000 200,000 CA$2.73 September 17, 2022 5,165,000 5,165,000 Warrants Unlisted 10,792,500 10,792,500 CA$3.00 December 19, 2024 Warrants Unlisted (1) 22,222,222 22,222,222 CA$2.75 July 29, 2025 (2) Broker Warrants Unlisted 125,550 125,550 CA$2.00 December 19, 2022 125,550 CA$3.00 December 19, 2024 Subscription Receipts (3) Unlisted 83,066 Notes: (1) The Warrants will begin trading on the TSX-V on September 30, 2020 under the symbol \"CGC.WT\". (2) The Company may accelerate the expiry date of the Warrants after July 29, 2023 in the event that the closing price of the common shares on the TSX-V (or such other exchange on which the common shares may principally trade at such time) is greater than CA$2.75 per share for a period of 20 consecutive trading days, by giving notice to the hold...