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Golden Arrow Applies to Extend Warrants
Golden Arrow Applies to Extend Warrants Canada NewsWire TSX Venture Exchange (T...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"\n \n \n \n Golden Arrow Applies to Extend Warrants\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSX Venture Exchange (TSX-V):\n \n GRG\n \n \n Frankfurt Stock Exchange (FSE):\n \n G6A\n \n \n OTCQB Venture Market (OTCQB):\n \n GARWF\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Feb. 10, 2023\n \n \n /CNW/ -\n \n Golden Arrow Resources Corporation\n \n (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF)\n \n , (\"Golden Arrow\"\n \n or the\n \n \"Company\")\n \n announces that the Company has made an application to the TSX Venture Exchange to extend the term of 15,804,012 outstanding warrants as follows:\n \n \n \n \n \n \n \n \n \n \n 11,051,611 warrants that are set to expire on\n \n February 25, 2023\n \n , 1,290,367 warrants that are set to expire on\n \n March 5, 2023\n \n and 3,462,034 warrants that are set to expire on\n \n March 21, 2023\n \n to be extended to\n \n February 25, 2024\n \n ,\n \n March 5, 2024\n \n and\n \n March 21, 2024\n \n respectively. These warrants were originally issued as part of the units under a single private placement completed by the Company in 3 tranches on\n \n February 25, 2019\n \n ,\n \n March 5, 2019\n \n and\n \n March 21, 2019\n \n respectively. None of the warrants have been exercised.\n \n \n \n The exercise price of the warrants will remain at\n \n $0.40\n \n . Each whole warrant, when exercised, will be exchangeable for one common share of the Company.\n \n \n The amendment is subject to the approval of the TSX Venture Exchange (\"TSXV\").\n \n \n \n New Stock Option Plan and Equity Incentive Plan\n \n \n \n On\n \n August 12, 2022\n \n , the Company adopted a 10% rolling stock option plan (the \"Stock Option Plan\") and a restricted share unit, performance share unit and deferred share unit plan (the \"Equity Incentive Plan\"). The number of common shares of the Company reserved for issuance under the Stock Option Plan cannot exceed 10% of the number of common shares of the Company that are outstanding on each applicable grant date, and 11,516,723 common sh...