Business
Volcanic Gold Mines Proposes Extension of Previously Issued Share Purchase Warrants
July 12, 2023 – TheNewswire - Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV:VG) (“Volcanic” or the “Company”) announces that its management has d
About this update from Volcanic Gold Mines Inc.
[{"type":"text","content":"July 12, 2023 – TheNewswire - Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV:VG) (“Volcanic” or the “Company”) announces that its management has determined that it is in the best interests of the Company to extend the expiry date of common share purchase warrants exercisable at $0.30 per share which were issued in July 2020 pursuant to the Company’s private placement financing. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of 8,813,500 outstanding warrants will be extended by one year, from July 26, 2023 to July 26, 2024. About Volcanic Volcanic brings together an experienced and successful mining, exploration and capital markets team focused on building multi-million-ounce gold and silver resources in underexplored countries. Through the strategic acquisition of mineral properties with demonstrated potential for hosting gold and silver resources, and by undertaking effective exploration and drill programs, Volcanic intends to become a leading gold-silver company. For further information, visit our website at www.volgold.com. Volcanic Gold Mines Inc. Simon Ridgway, President and CEO Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. Forward-looking statements Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward- looking statements and include, without limitation, statements about the proposed warrant extension. Often, but not always, these forward-looking statements can be identified by the use of words such as “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, perform...