Business
Goldstrike Resources Ltd. Explains Warrant Amendments
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 3, 2016) - Goldstrike Resources Ltd. (the "Company" or "Goldstrike") (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFUR
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 3, 2016) - Goldstrike Resources Ltd. (the \"Company\" or \"Goldstrike\") (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) has received numerous inquiries regarding the exercise prices and expiry dates of its share purchase warrants since completion of the statutory arrangement (the \"Arrangement\") involving the security holders of the Company and Petro One Energy Corp. (\"Petro One\") on February 29, 2016. Accordingly, the Company is issuing this news release to explain the current exercise prices and expiry dates of all of its outstanding warrants, in order that all of its shareholders, including persons who were holders of warrants to purchase shares of Petro One prior to completion of the Arrangement, are informed of their rights in those regards. Goldstrike Warrants The Arrangement provided for re-pricing or extension of the exercise terms of certain of Goldstrike's outstanding warrants, as follows: Each Goldstrike warrant represented by a warrant certificate indicating an exercise price of $0.25 per share and an expiry date of June 15, 2016 (original warrant issue date June 15, 2011) is now exercisable to purchase one Goldstrike share for $0.15 until June 15, 2016. Each Goldstrike warrant represented by a warrant certificate indicating an exercise price of $0.70 per share and an expiry date of June 15, 2016 (original warrant issue date June 15, 2011) is now exercisable to purchase one Goldstrike share for $0.15 until June 15, 2016. Each Goldstrike warrant represented by a warrant certificate indicating an exercise price of $0.80 per share and an expiry date of June 15, 2016 (original warrant issue date June 15, 2012) is now exercisable to purchase one Goldstrike share for $0.15 until June 15, 2016. Each Goldstrike warrant represented by a warrant certificate indicating an exercise price of $0.10 per share and an expiry date of July 10, 2016 (original warrant issue date July 10, 2014) is now exercisable to purchase one Goldstrike share for $0.10 until October 7, 2016. The exercise prices and terms of all other outstanding Goldstrike warrants remain unchanged. Goldstrike \"finders' warrants\" issued on March 21, 2011 and April 11, 2011 have expired. Goldstrike warrant certificates representing any of the Goldstrike warrants described above now represent the same number of Gol...