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Nevada Exploration Inc. ("NGE") announces extension of Series B warrants exercise period up to October 31, 2008
MONTREAL, Aug. 28 /CNW/ - Nevada Exploration Inc. (TSX-V:NGE) ("NGE") has extended the exercise p...
About this update from Urz3 Energy Corp.
[{"type":"text","content":"\n\n\n\nMONTREAL, Aug. 28 /CNW/ - Nevada Exploration Inc. (TSX-V:NGE) ("NGE") has\nextended the exercise period for the remaining, 3,019,500 Series B warrants\nfrom August 27, 2008, to October 31, 2008. Each Series B warrant can be\nexercised to purchase one common share of NGE for an exercise price of $0.60.\n\n\nWade Hodges, President and CEO, explains that "NGE appreciates the\nsupport of our early investors and has extended the exercise period to ensure\nthat they can participate in any positive results from the latest drilling."\n\n\nABOUT NGE\n\n\nNGE is an exploration company focused on gold exploration in Nevada. NGE\nis led by a highly experienced and historically successful exploration\nmanagement team. NGE has developed a proprietary groundwater chemistry\nexploration technology, and is the first to complete a comprehensive survey of\nNevada's groundwater specifically for gold exploration. Management believes\nthat the results of NGE's groundwater chemistry program are significant in\nthat they are demonstrating that Nevada's known gold deposits exhibit\nrecognizable groundwater chemistry signatures. NGE has identified and acquired\nexploration properties with similar groundwater chemistry and is now testing\nwhether such water chemical signatures can be followed "up stream" to discover\nnew gold deposits.\n\n\nThe TSX-Venture Exchange has conditionally approved the extension of the\n\n\nSeries B warrants of NGE as described in this press release but does not\n\n\notherwise accept responsibility for the adequacy or accuracy of this\n\n\npress release.\n\n\nWade A. Hodges is the Qualified Person, as defined in National Instrument\n43-101, and is responsible for the preparation of the technical and scientific\ninformation contained in this News Release.\n\n\nCautionary Statement on Forward-Looking Information:\n\n\nThis release contains certain "forward-looking statements" including,\nwithout limitation, expectations, beliefs, plans and objectives regarding the\npotential transactions and ventures discussed in this release. Among the\nimportant factors that could cause actual results to differ materially from\nthose indicated by such forward-looking statements are the risks inherent in\nmineral exploration, the need to obtain additional financing, environmental\npermits, the avail...