Affinity Metals Corp. Announces Proposed Extension of Warrants
Affinity Metals Corp (CSE: AFF) has announced plans to extend the exercise period of 6,000,000 outstanding share purchase warrants. These warrants, initially issued on March 30, 2023, currently allow holders to purchase one common share at $0.05 per share until March 30, 2025.
The company proposes to extend the expiration date to March 30, 2028, maintaining the same exercise price of $0.05 per share. All other warrant terms will remain unchanged.
Affinity Metals Corp (CSE: AFF) ha annunciato piani per estendere il periodo di esercizio di 6.000.000 di warrant per l'acquisto di azioni in circolazione. Questi warrant, originariamente emessi il 30 marzo 2023, consentono attualmente ai detentori di acquistare un'azione comune a $0,05 per azione fino al 30 marzo 2025.
La società propone di estendere la data di scadenza al 30 marzo 2028, mantenendo lo stesso prezzo di esercizio di $0,05 per azione. Tutti gli altri termini dei warrant rimarranno invariati.
Affinity Metals Corp (CSE: AFF) ha anunciado planes para extender el período de ejercicio de 6,000,000 de opciones de compra de acciones en circulación. Estas opciones, emitidas inicialmente el 30 de marzo de 2023, actualmente permiten a los tenedores comprar una acción ordinaria a $0.05 por acción hasta el 30 de marzo de 2025.
La empresa propone extender la fecha de vencimiento al 30 de marzo de 2028, manteniendo el mismo precio de ejercicio de $0.05 por acción. Todos los demás términos de las opciones permanecerán sin cambios.
Affinity Metals Corp (CSE: AFF)는 6,000,000개의 발행된 주식 매수 워런트의 행사 기간을 연장할 계획을 발표했습니다. 이 워런트는 2023년 3월 30일에 처음 발행되었으며, 현재 보유자는 2025년 3월 30일까지 주당 $0.05에 보통주를 구매할 수 있습니다.
회사는 만료 날짜를 2028년 3월 30일로 연장할 것을 제안하며, 주당 행사 가격은 $0.05로 유지됩니다. 다른 모든 워런트 조건은 변경되지 않습니다.
Affinity Metals Corp (CSE: AFF) a annoncé des plans pour prolonger la période d'exercice de 6 000 000 de bons de souscription d'actions en circulation. Ces bons, initialement émis le 30 mars 2023, permettent actuellement aux détenteurs d'acheter une action ordinaire à 0,05 $ par action jusqu'au 30 mars 2025.
La société propose de prolonger la date d'expiration au 30 mars 2028, en maintenant le même prix d'exercice de 0,05 $ par action. Tous les autres termes des bons resteront inchangés.
Affinity Metals Corp (CSE: AFF) hat Pläne angekündigt, den Ausübungszeitraum von 6.000.000 ausstehenden Aktienkauf-Warrants zu verlängern. Diese Warrants, die ursprünglich am 30. März 2023 ausgegeben wurden, ermöglichen es den Inhabern derzeit, bis zum 30. März 2025 eine Stammaktie zu einem Preis von 0,05 $ pro Aktie zu erwerben.
Das Unternehmen schlägt vor, das Ablaufdatum auf den 30. März 2028 zu verlängern und den gleichen Ausübungspreis von 0,05 $ pro Aktie beizubehalten. Alle anderen Bedingungen der Warrants bleiben unverändert.
- Three-year extension of warrant expiration provides additional time for potential exercise
- Maintenance of low exercise price at $0.05 per share
- Potential future dilution of 6,000,000 shares if warrants are exercised
Cardston, Alberta--(Newsfile Corp. - March 14, 2025) - Affinity Metals Corp. (CSE: AFF) (the "Company" or "Affinity Metals") announces that it intends to extend the exercise period of 6,000,000 outstanding share purchase warrants. These warrants were originally issued on March 30, 2023, and each is exercisable for one common share of the Company at a price of
About Affinity Metals Corp.:
Affinity Metals is focused on the acquisition, exploration and development of strategic metal deposits within North America.
ON BEHALF OF AFFINITY METALS CORP.
"Robert Edwards"
Robert Edwards, President & CEO
The Company can be contacted at: info@affinity-metals.com
Further information about Affinity Metals can be found on its website at: www.affinity-metals.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. The forward-looking statements in this news release are based on a number of key expectations and assumptions made by the Company as of the date hereof. Although the forward-looking statements contained in this news release are based on what the Company's management believes to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such statements.
The forward-looking statements in this news release are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including those identified in the Company's most recent Management's Discussion and Analysis, which is available on SEDAR+ at www.sedarplus.ca. Readers, therefore, should not place undue reliance on any such forward-looking statements. These forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, The Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244475
FAQ
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