Business
Getchell Gold Announces Amendment of Warrants
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2022) - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") announces that
About this update from Getchell Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 16, 2022) - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (\"Getchell\" or the \"Company\") announces that the Company has sought and was granted exemptive relief by the Canadian Securities Exchange (the \"CSE\") for an amendment to the terms of 1,398,750 common share purchase warrants (the \"Warrants\") that were issued pursuant to a non-brokered private placement of units of the Company that closed on September 28, 2020. The Company proposes to extend the expiry date of the Warrants from September 28, 2022 to September 28, 2023, and amend the exercise price from $0.60 to $0.50. All other terms and conditions of the Warrants remain unchanged. None of these Warrants have been exercised to date. Warrant holders are advised that replacement warrant certificates will not be issued and that the original warrant certificate must be presented to the Company in order to effect the exercise of the Warrants. None of the warrant holders are related parties to the Company. In accordance with the policies of the CSE, no compensation warrants issued in connection with the prior financing are being extended. About Getchell Gold Corp. The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada. The Company reiterates that its near-term strategy to advance its assets is not impacted by the COVID-19 Corona virus. The Company continues to monitor the situation and is in compliance with all government guidelines. For further information please visit the Company's website at www.getchellgold.com or contact the Company at [email protected]. Mr. William Wagener, Chairman & CEO Getchell Gold [email protected] The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy ...