Business
Golden Arrow Applies to Extend Warrants and Grants Stock Options
Golden Arrow Applies to Extend Warrants and Grants Stock Options Canada NewsWir...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"\n \n \n \n Golden Arrow Applies to Extend Warrants and Grants Stock Options\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 \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 VANCOUVER, BC\n \n ,\n \n Jan. 20, 2021\n \n /CNW/ -\n \n Golden Arrow Resources Corporation\n \n (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF)\n \n (\"Golden Arrow\" or the \"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, 2021\n \n , 1,290,367 warrants that are set to expire on\n \n March 5, 2021\n \n and 3,462,034 warrants that are set to expire on\n \n March 21, 2021\n \n to be extended to\n \n February 25, 2023\n \n ,\n \n March 5, 2023\n \n and\n \n March 21, 2023\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.\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 Stock Option Grant\n \n \n \n The Company also announces that it has granted 4,655,000 incentive stock options (the \"Options\") to directors, officers, employees and consultants of the Company. The Options are set for a period of five years, expiring on\n \n January 19, 2026\n \n , and each Option will allow the holder to purchase a common share of the Company at a price of\n \n $0.25\n \n . The Options are subject to a 4 month hold period from the date of grant and TSXV approval.\n \n \n \n About\n \n Golden Arrow\n \n :\n \n \n \n Golden Arrow Resources Corporation is a mini...