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Aurcana Silver Corp V.AUN.H

Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company’s development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company’s 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.


TSXV:AUN.H - Post by User

Bullboard Posts
Comment by zzthnxon Apr 24, 2010 12:22am
528 Views
Post# 17027003

RE: Good News

RE: Good NewsHey Thecook, I think they must copy and paste from prior new releases, because I've seen this incorrect grammar before from AUN. I don't know who's proofreading the releases, but they're not doing a very good job. It should read something like as follows:

""Each Warrant will entitle the holder to purchase one commonshare (a "Warrant Share") of the Company during the period of four (4)years from the Closing Date at a purchase price of CDN$1.00 per WarrantShare. If the closing price of the Company's shares astraded on the Exchange, subsequent to four months from the Closing Date,is at or over CDN$1.25 per share for a period of 20 consecutive tradingdays, the Company will have the right to accelerate the expiry of theWarrants upon giving 30 days notice to the holders thereof."

Cheers! zz
Bullboard Posts