Flinders Announces Further Extension to Warrant Term
12 Décembre 2014 - 10:00PM
PR Newswire (Canada)
VANCOUVER, Dec. 12, 2014 /CNW/ - Flinders Resources Limited
("Flinders" or the "Company") (TSXV: FDR) announces
that the Company will make an application with the TSX Venture
Exchange (the "Exchange") to extend the term of 9,570,000
warrants (the "Warrants") by a further one year period. The
Warrants were issued in connection with the closing of a private
placement financing announced by the Company on February 24, 2012. Each Warrant entitles to
holder to purchase one common share of the Company at an exercise
price of $0.75 per common share. The
original term of the Warrants of two years were previously amended
as announced by the Company on January
22, 2014. Upon receipt of approval from the Exchange,
the expiry date of the Warrants will change from February 22, 2015 to February 22, 2016. All other terms of the
Warrants, including the exercise price, will remain the same.
On behalf of the Board,
"Blair Way"
Blair
Way, President and CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or the
accuracy of this news release.
SOURCE Flinders Resources Limited
Copyright 2014 Canada NewsWire
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