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Group Eleven Announces Warrant Extension
Group Eleven Announces Warrant Extension Canada NewsWire VANCOUVER, BC ...
About this update from Group Eleven Resources Corp.
[{"type":"text","content":"\n \n \n \n Group Eleven Announces Warrant Extension\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.prngen2{\nVERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; PADDING-LEFT:0.17em; PADDING-RIGHT:0.17em; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt solid black; BORDER-RIGHT:0pt solid black; BORDER-BOTTOM:0pt solid black; BORDER-LEFT:0pt solid black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 12, 2023\n \n \n /CNW/ - Group Eleven Resources Corp. (TSXV: ZNG) (OTC: GRLVF) (FRA: 3GE) (\"\n \n Group Eleven\n \n \" or the \"\n \n Company\n \n \") announces that, subject to the approval of the TSX Venture Exchange, the Company is seeking to extend the term of certain warrants (the \"\n \n Warrants\n \n \") of the Company which would otherwise expire on\n \n July 28, 2023\n \n .\n \n \n \n \n \n \n \n \n \n \n Warrant Repricing and Extension\n \n \n \n The Company intends to extend the expiry date of the 12,916,667 Warrants granted on\n \n July 28, 2020\n \n , with each Warrant entitling the holder to purchase one common share of the Company, as follows:\n \n \n \n \n \n \n \n \n Certificate Numbers\n \n \n \n \n \n \n \n \n Aggregate Number\n \n of Warrants\n \n Outstanding\n \n \n \n \n \n \n \n \n Issue Date\n \n \n \n \n \n \n \n \n Original\n \n Expiry Date\n \n \n \n \n \n \n \n \n New Expiry\n \n Date\n \n \n \n \n \n \n \n \n \n WA-2020-07-001\n \n through\n \n \n \n WA-2020-07-014\n \n \n \n \n \n \n 12,916,667\n \n \n \n \n \n \n July 28,\n \n 2020\n \n \n \n \n \n \n July 28, 2023\n \n \n \n \n \n \n October 28,\n \n 2024\n \n \n \n \n \n \n \n Certain Warrants being extended are held by insiders of the Company, and the extension of such Warrants constitutes, to that extent, a \"related party transaction\" within the meaning of Exchange Policy 5.9 and Multilateral Instrument 61-101 –\n \n...