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Zephyr Minerals Announces Warrant Amendment

Zephyr Minerals Announces Warrant Amendment Canada NewsWire HALIFAX, Sept. 18, 2...

articleZephyr Minerals Ltd.September 18, 20173/company/zephyr-minerals-ltd/news/zephyr-minerals-announces-warrant-amendment
Zephyr Minerals Announces Warrant Amendment

About this update from Zephyr Minerals Ltd.

[{"type":"text","content":"\n\n\n\nZephyr Minerals Announces Warrant Amendment\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nHALIFAX, Sept. 18, 2017\n\n\n\nTrading Symbol:  TSX-V: ZFR     OTC: ZPHYFNews Release No. 14-17Shares Outstanding: 37,982,620 \n\n\n\nHALIFAX, Sept. 18, 2017 /CNW/ - Zephyr Minerals Ltd. (\"Zephyr\" or the \"Company\") (TSX-V: ZFR) (OTC: ZPHYF), announces that the Company has amended the terms of an aggregate of 4,500,000 common share purchase warrants issued to subscribers (the \"Subscriber Warrants\") pursuant to the Company's private placement financing, which closed November 18, 2015.\n\nThe Subscriber Warrants issued pursuant to the private placement have an exercise price of $0.20 and expire September 18, 2017. The amended Subscriber Warrants have an exercise price of $0.30 and expire September 18, 2018. All other terms of the Subscriber Warrants remain unchanged.\n\nOakRun Precious Metals Fund Ltd. (\"OakRun\"), subscribed for all of the 9,00,000 units of the November 18, 2015 private placement, resulting in an ownership of 4,500,000 Subscriber Warrants. Mr. Scott Rhodenizer is Investment Manager for OakRun, and a Director of Zephyr. \n\nAbout Zephyr Minerals Ltd.\n\nZephyr Minerals Ltd. is a gold exploration and development company focused on advancing its flagship Dawson Gold Project in Colorado, USA. After completing a positive PEA, Zephyr is continuing to advance the project though permitting, additional exploration as well as further engineering work with a plan to develop a high grade, low cost underground gold mine.\n\nTo be included in the Zephyr email database for Company updates please contact [email protected], or visit our website www.zephyrminerals.com for more information.\n\nCAUTIONARY STATEMENT:\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements. More particularly, this press release contains...

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