Business
Vault Strategic Mining Announces Intention To Extend Warrant Expiry Date
(TheNewswire)   Vancouver, British Columbia - January 20, 2026 – TheNewswire - ...
About this update from Vault Strategic Mining Corp.
[{"type":"text","content":"Vault Strategic Mining Announces Intention To Extend Warrant Expiry Date\n(TheNewswire)\n\n \n\n\n\n\nVancouver, British Columbia - January\n20, 2026 – TheNewswire\n- Vault Strategic Mining\nCorp. (TSXV:KNOX) (OTC:KNXFF) (FSE:M85) (\"VAULT\" or the\n\"Company\") announces that the Company\nintends to extend the expiry date of a total of 2,000,000 share\npurchase warrants, exercisable at $0.20 and $0.50 per common share\n(collectively, the \"Warrants\") by six months from the current\nexpiry date of February 14, 2026 to August 14, 2026 (the\n\"Warrant\nExtension\").  The Warrants were issued in\nconnection with a non-brokered private placement of units (each, a\n\"Unit\") with each Unit comprised of one common share and one common\nshare purchase warrant, which closed on February 14, 2023 and all of\nthe Warrants are currently subject to an acceleration clause.\n All other terms and conditions of the Warrants\nwill remain unchanged.  The Warrant Extension\nis subject to acceptance by the TSX Venture Exchange\n(\"TSXV\").\n\n\n \n\n\nCertain of the Warrants are held by insiders who are\nconsidered to be \"related parties\" of the Company (such\nwarrants, the \"Related\nParty Warrants\").  Therefore, the\namendment of the Related Party Warrants constitutes a \"related\nparty transaction\" as contemplated by Multilateral Instrument\n61-101 Protection of Minority\nShareholders in Special Transactions and TSXV\nPolicy 5.9 – Protection of\nMinority Shareholders in Special Transactions.\n However, the exemptions from formal valuation and minority approval\nrequirements provided for by these guidelines can be relied upon\nbecause neither the fair market value of the Related Party Warrants\nnor the fair market value of the consideration paid for the Related\nParty Warrants exceeds 25% of the market capitalization of the\nCompany.\n\n\n \n\n\nHolders of Warrants will not receive an amended Warrant\ncertificate and will be required to submit their original Warrant\ncertificate in order to exercise the Warrants.\n\n\n  \n\n\nAbout Vault Strategic Mining\nCorp.\n\n\n \n\n\nVault Strategic Mining Corp. is a North American\nresource company focused on the acquisition and advancement of\nstrategic and critical mineral projects located in top-tier mining\njurisdictions. The Comp...