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Auxico Resources Announces Warrant Extension
MONTREAL, Aug. 8, 2024 /CNW/ - Auxico Resources Canada Inc. (CSE: AUAG) ("Auxico" or the "Company") is pleased to announce that it intends to extend the expiry
About this update from Auxico Resources Canada, Inc.
[{"type":"text","content":" MONTREAL, Aug. 8, 2024 /CNW/ - Auxico Resources Canada Inc. (CSE: AUAG) (\"Auxico\" or the \"Company\") is pleased to announce that it intends to extend the expiry date of an aggregate of 1,650,000 outstanding warrants (the \"2021 Warrants\"). The 2021 Warrants were issued as a result of the conversion of convertible debentures issued by the Company on October 23, 2020, and announced on October 26, 2020. The initial exercise price of the 2021 Warrants is USD $0.25. The 2021 Warrants have an original expiration date of August 9, 2024. The Company proposes to extend the expiration date of the 2021 Warrants by an additional 12 months, so that the 2021 Warrants will expire on August 9, 2025. All other terms and conditions of the 2021 Warrants will remain unchanged. The Canadian Securities Exchange (the \"CSE\") has approved the extension of the 2021 Warrants. About Auxico Resources Canada Inc. Auxico Resources Canada Inc. (\"Auxico\") is a Canadian company that was founded in 2014 and based in Montreal, trading on the Canadian Stock Exchange (CSE) under symbol AUAG. Auxico is engaged in the acquisition, exploration and development of mineral properties in Colombia and Bolivia. Additional information on Auxico can be found on the Company's website (www.auxicoresources.com) or on SEDAR+ (www.sedarplus.ca) under \"Auxico Resources Canada Inc.\" ON BEHALF OF THE BOARD OF DIRECTORS « signed. » « signed. » Pierre Gauthier Mark Billings CEO & President, Auxico Resources Canada Inc Chairman, Auxico Resources Canada Inc. [email protected] [email protected] Cell: +1 514 299 0881 Cell: +1 514 296 1641 Cautionary Note Regarding Forward-Looking Statements The CSE has neither approved nor disapproved the contents of this press release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this press release. This press release contains statements that constitute \"forward-statements.\" Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or de...