Further to the bulletin dated May 13, 2009, and June 24, 2009, the TSX Venture Exchange has accepted an amendment to warrants issued pursuant to the private placement of 7,898,682 shares and 7,898,682 share purchase warrants.
Warrants: 6,393,682 share purchase warrants
Current warrant exercise terms: 20 cents per share until May 12, 2011, and June 29, 2011
Amendment: During a 20-day period commencing April 6, 2011, and ending April 26, 2011, the warrants will be exercisable for one share and one-half of one additional warrant. Each whole new warrant will be exercisable for one common share at a price of 25 cents per share for a 12-month period. If the warrants are not exercised during the 20-day period, the warrants will continue to be exercisable under the current warrant exercise terms until expiry.
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