TSX - Venture-IIP
TORONTO, Dec. 2 /CNW/ - InterRent International Properties Inc.
("InterRent" or the "Company"), today announced that it has filed an
application with the TSX Venture Exchange to amend the expiry date of
8,000,000 warrants from December 16, 2005 to May 30, 2006. The exercise price
of the warrants will remain at $0.60 per share.
The warrants were issued on December 16, 2004 pursuant to the Company's
private placement offering of 16,000,000 units. Each unit is comprised of one
common share and one-half of one common share purchase warrant. For complete
details of the private placement offering, please refer to the Company's press
release dated December 16, 2004.
InterRent is a rapidly expanding, growth oriented real estate company
engaged in building shareholder value through the acquisition, ownership and
operation of strategically located income producing multi-residential real
estate, with 1,151 apartment suites under ownership.
Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. The Company assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ from
those reflected in the forward looking-statements unless and until required by
securities laws applicable to the Company. Additional information identifying
risks and uncertainties is contained in the Company's filings with the
Canadian securities regulators, which filings are available at www.sedar.com.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
%SEDAR: 00010579E
