WT NR AmendmentColumbia Yukon Amends Share Purchase Warrants
West Vancouver, British Columbia ? June 6, 2008 ? Columbia Yukon Explorations Inc. (the ?Company? or ?Columbia Yukon?) wishes to announce the amendment of the exercise price for certain previously issued share purchase warrants.
In connection with two non-brokered private placements that the Company completed on June 18 and June 28, 2007, an aggregate of 3,000,000 share purchase warrants (the ?Warrants?) were issued with an exercise price of $3.00 per share and an expiry date of June 18 and June 28, 2009, respectively. The Company has made application to the TSX Venture Exchange to amend the exercise price of the Warrants to $2.10 per share during the second year of the Warrants? two year terms, with the warrant expiry dates remaining unchanged.