Business
DualEx Energy Re-Prices and Extends the Expiry Date of Certain Outstanding Warrants
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATE...
About this update from Spartan Delta Corp
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\nDISSEMINATION IN THE UNITED STATES/\n\n\nCALGARY, Feb. 12 /CNW/ - DualEx Energy International Inc. ("DualEx")\n(TSXV: DXE) is pleased to announce that it has now re-priced and extended the\nexpiry date of certain of its outstanding common share purchase warrants. The\nexercise price of the 10,367,192 warrants issued on August 30, 2007, of which\nthere remain 9,365,155 outstanding (the "Warrants"), has been re-priced from\n$0.30 per common share to $0.20 per common share and the term of the Warrants\nhas been extended from March 2, 2009 to September 2, 2009, provided that\nDualEx can shorten the exercise term of the Warrants to 30 days if DualEx's\ncommon shares trade at $0.40 or higher for twenty consecutive trading days.\nThese amendments to the terms of the Warrants have been accepted by the TSX\nVenture Exchange. For further information on the original issuance of the\nWarrants, please refer to the press releases of DualEx dated June 29, 2007,\nJuly 18, 2007, August 30, 2007 and February 10, 2009, filed on SEDAR.\n\n\nDualEx Energy International Inc. is an oil and gas exploration company,\nbased in Calgary, Alberta with operations in the greater Mediterranean area.\nDualEx's common shares trade on the TSX Venture Exchange under the symbol\n"DXE".\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as\nthat term is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\n%SEDAR: 00023802E\n\n\n","length":1722,"tagName":"div"}]