GREY:CGLJF - Post by User
Post by
nopooon Jul 03, 2012 10:41pm
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Post# 20079814
CANGOLD FURTHER AMENDS WARRANTS
CANGOLD FURTHER AMENDS WARRANTS CANGOLD FURTHER AMENDS WARRANTS
Cangold Ltd., further to the news release dated June 20, 2012, to meet TSX Venture Exchange policy requirements, has reduced the market price which triggers the accelerated exercise provision from 30 cents to 26 cents, so that, in the case of all warrants being repriced, the exercise period will be reduced to 30 calendar days if, for any 10 consecutive trading days during the unexpired term of the warrants, the closing price of the common shares of the company is at least 26 cents. The reduced exercise period of 30 days will begin seven calendar days after the 10th premium trading day