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Cadillac Mining Announces Amendments to Share Purchase Warrants
Cadillac Mining Announces Amendments to Share Purchase Warrants Vancouver, British Columbia ...
About this update from Copper Quest Exploration Inc.
[{"type":"text","content":"Cadillac Mining Announces Amendments to Share Purchase WarrantsCadillac Mining Announces Amendments to Share Purchase Warrants\nVancouver, British Columbia CANADA, November 01, 2013 /FSC/ - Cadillac Mining Corporation (CQX - TSX Venture), announces that, subject to regulatory approval, it wishes to amend the exercise price and extend the term of certain warrants that were issued in connection with a private placement completed in May and June of 2012.\nThe expiry of a total of 1,115,000 warrants will be extended to November 15, 2014, while the exercise price will be reduced from $0.40 to $0.20 per share. The warrants will continue to be subject to an early expiry provision, wherein the expiry, upon notice, will be reduced to 30 days, if for any 10 consecutive trading days the trade-weighted price of the Company's shares on the TSX-V equals or exceeds $0.30 per share. \nThe Company continues to aggressively pursue all financing alternatives for its Goldstrike property, situated in the Great Basin in southwestern Utah.\nAbout Cadillac Mining Corporation\nCadillac Mining Corporation is a junior exploration and development company based in Vancouver, Canada focused on large-scale precious and base metal projects in the Abitibi geological province in Canada, and the Great Basin in the western USA. The Company's long term objective is the discovery of a major deposit through carefully planned exploration strategies. Its business model provides shareholders access to a wealth of exploration experience, dedicated management, and the opportunity to experience discovery through a conservatively capitalized company.  The Company has approximately 32 million shares outstanding.\nOn behalf of the Board of Directors\nVictor Erickson, P.Eng.\nPresident & CEO\nE-mail: [email protected]\nWebsite: www.cadillacmining.com\nTHIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHICH TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX-VENTURE EXCHANGE) DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\nThis news release contains \"forward-looking information\" within the meaning of the Canadian securities laws.  Forward-looking information is generally identifiable by use of the words \"believ...