Business
Arizona Silver Announces 100% Exercise of Warrants
(TheNewswire) Vancouver, British Columbia - TheNewswire -...
About this update from Arizona Gold & Silver Inc.
[{"type":"text","content":"Arizona Silver Announces 100% Exercise of Warrants\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia -\n \n \n TheNewswire\n \n \n - October 1, 2020\n \n -\n \n \n Arizona Silver Exploration\nInc.\n \n \n \n (TSXV:AZS)\n(OTC:AZASF)\n \n is pleased to announce\n \n that further\nto its press release dated\n \n August 31, 2020, all of the\n3,413,809 warrants granted under its January 2020 private placement at\nC$0.15 that were subject to acceleration with an early expiration date\nof September 30, 2020 were exercised, with such exercised warrants\nhaving a value of C$512,071.35. Directors and officers participated\nfor C$137,900 of the exercise. Management's participation in the\nwarrant exercise is indicative of their continued commitment and\nsupport of the Company. Management now owns and controls 30% of the\noutstanding shares in the Company. Please take a minute and review the\ncurrent tight capital share structure available at:\n \n \n http://arizonasilverexploration.com/investor-information\n \n \n \n \n \n Mike Stark, President of Arizona Silver Exploration\nstated \"\n \n \n We really\nappreciate the support shown by our shareholders\n \n \n and\n \n \n management. This warrant exercise tops up the treasury once again\n \n \n and\n \n \n allows Arizona Silver Exploration to\ncontinue exploration on the high-grade vein discovery on our\nPhiladelphia property. We are expecting results very soon from 6 core\nholes of drilling that ha\n \n \n s\n \n \n been completed. We remain\ncommitted to building shareholder value with advancements in all our\n \n \n current\n \n \n properties.\"\n \n \n \n \n Please refer to our website for up\nto date information and images\n \n \n :\n \n \n \n \n http://arizonasilverexploration.com/pdf/AZS_Corporate_Presentation.pdf\n \n \n \n \n \n \n About Arizona Silver Exploration\nInc.\n \n \n \n \n Arizona Silver is a young exploration company focused\non exploring underexplored gold-silver properties in western Arizona\nand now Nevada. The Company plans to continue to drill test the\nhigh-grade gold-silver discovery at the Philadelphia Project near\nKingman, Arizona, and the Ramsey Silver Mine property located a short\ndistance east of Quartzsite, Arizona, Previous drilling of 20 holes to\ndate at the Ramsey Property has demonstrated a +30 met...