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Zone Resources Inc. V.ZNR



TSXV:ZNR - Post by User

Comment by SUCYNon Jan 09, 2012 6:57am
208 Views
Post# 19381172

RE: RE: RE: RE: RE: shellfish

RE: RE: RE: RE: RE: shellfish

they have 6.6 million 0.10 warrants that will have to be exercised if the SP stays at or above 0.125 for 10 days straight....that puts $660.00 in the til for more drilling...

The amended terms will allow the holders of the warrants to exercise them at an amended price of
.10 until November 17th 2013. In the event that the common shares of the Company are traded on the TSX Venture Exchange at a price of
.125 or more for ten consecutive trading days, (the "Premium Trading Days") the warrants will expire on the earlier of November 17th 2013 and 4:30 p.m. (Pacific Time) on the date which is 30 calendar days after Premium Trading Days has occurred; otherwise the warrants will expire on the 31st day. The 30 day period will commence seven calendar days after the tenth Premium Trading Day

SUCYN

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