Business
K2 Gold Applies to Extend Warrants
VANCOUVER, British Columbia, June 10, 2019 (GLOBE NEWSWIRE) -- K2 Gold Corporation (“K2” or the “Company”) (KTO: TSX-V) announces that it has applied to the TSX
About this update from K2 Gold Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, June 10, 2019 (GLOBE NEWSWIRE) -- K2 Gold Corporation (“K2” or the “Company”) (KTO: TSX-V) announces that it has applied to the TSX Venture Exchange (the “TSXV”) to extend the term of 3,962,000 common share purchase warrants originally set to expire on June 12, 2019 (the “Warrants”) to June 12, 2020. The Warrants were originally issued pursuant to a private placement of units completed by the Company in June 8, 2018 (the “2018 Private Placement”). The exercise price of the Warrants will remain at $0.37 for non flow through warrants and $0.45 for flow through warrants, and the Warrants will continue to remain subject to acceleration in the event that the common shares of the Company close at or above $0.60 per share for more than 10 consecutive trading days. The amendment to extend the expiry date of the Warrants to June 12, 2020 is subject to the approval of the TSXV. In accordance with TSXV policies, the expiry date of the finder warrants issued in connection with the 2018 Private Placement will not be extended. For additional information please contact Stephen Swatton at 604-331-5093. On behalf of the Board of Directors,“Stephen Swatton”President and CEOK2 Gold Corporation Forward-Looking Caution: This news release contains forward-looking statements that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements, including statements regarding the extension of the expiry date of the Warrants. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, acceptance of the extension by the TSXV. The reader is referred to the Company's public disclosure record which is available on SEDAR (www.sedar.com). Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except as required by securities laws and the policies of the TSX Venture Exchan...