RE: GZD newsNot Drilling but WARRANTSNews must be good i say again
Grizzly Diamonds Announces Extension of Warrant Expiry Date
EDMONTON, ALBERTA, Sep 21, 2006 (CCNMatthews via COMTEX News Network) --
Grizzly Diamonds Ltd. (TSX VENTURE:GZD) (FWB:G6H) ("Grizzly") announces that it will be applying to the TSX Venture Exchange for approval to amend the expiry date of outstanding warrants ("Warrants") issued on October 24, 2005, which have an expiry date of October 24, 2006 for an additional year. If approval is granted, the Warrants will expire on October 24, 2007. The Warrants entitle the holders to acquire up to 794,077 common shares of Grizzly ("Common Shares") at an exercise price of $1.50 per Common Share. Insiders hold Warrants to acquire an aggregate of 52,500 Common Shares.
On behalf of the Board Grizzly Diamonds Ltd. /s/ "Brian Testo" Brian Testo President
SOURCE: Grizzly Diamonds Ltd.
Grizzly Diamonds Ltd. Brian Testo President (780) 693-2242 or (780) 425-BEAR(2327) Website: www.grizzlydiamonds.com
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