Graphano Announces Second Extension of Warrant Expiry Date
Graphano Energy (TSXV: GEL) (OTC Pink: GELEF) has announced plans to extend the expiry date of 12,607,317 common share purchase warrants by an additional 12 months to August 27, 2026. This marks the second extension of these warrants, which were originally issued through private placements of subscription receipts in December 2020 and April 2021.
The warrants, initially set to expire on August 27, 2023, were first extended to August 27, 2025. Each warrant allows holders to purchase one common share at $0.52 per share. Company insiders hold 2,433,844 of these warrants. This second extension will reach the maximum five-year term allowed under TSXV policies, with all other terms remaining unchanged. The extension requires TSXV approval.
Graphano Energy (TSXV: GEL) (OTC Pink: GELEF) ha annunciato piani per estendere la data di scadenza di 12.607.317 warrant per l'acquisto di azioni ordinarie di ulteriori 12 mesi fino al 27 agosto 2026. Questo segna la seconda estensione di questi warrant, che sono stati originariamente emessi attraverso collocamenti privati di ricevute di sottoscrizione nel dicembre 2020 e nell'aprile 2021.
I warrant, inizialmente programmati per scadere il 27 agosto 2023, sono stati prima estesi al 27 agosto 2025. Ogni warrant consente ai titolari di acquistare un'azione ordinaria a $0,52 per azione. I membri interni della società detengono 2.433.844 di questi warrant. Questa seconda estensione raggiungerà il termine massimo di cinque anni consentito dalle politiche TSXV, mantenendo inalterati tutti gli altri termini. L'estensione richiede l'approvazione della TSXV.
Graphano Energy (TSXV: GEL) (OTC Pink: GELEF) ha anunciado planes para extender la fecha de vencimiento de 12,607,317 opciones de compra de acciones ordinarias por 12 meses adicionales hasta el 27 de agosto de 2026. Esta es la segunda extensión de estas opciones, que fueron emitidas originalmente a través de colocaciones privadas de recibos de suscripción en diciembre de 2020 y abril de 2021.
Las opciones, que originalmente debían vencer el 27 de agosto de 2023, fueron extendidas por primera vez hasta el 27 de agosto de 2025. Cada opción permite a los titulares comprar una acción ordinaria a $0.52 por acción. Los miembros internos de la empresa poseen 2,433,844 de estas opciones. Esta segunda extensión alcanzará el término máximo de cinco años permitido bajo las políticas de TSXV, manteniendo todos los demás términos sin cambios. La extensión requiere la aprobación de TSXV.
Graphano Energy (TSXV: GEL) (OTC Pink: GELEF)는 12,607,317주 보통주 매수권의 만료일을 2026년 8월 27일까지 12개월 연장할 계획을 발표했습니다. 이는 2020년 12월과 2021년 4월에 발행된 개인 배치의 구독 영수증을 통해 처음 발행된 이 매수권의 두 번째 연장입니다.
원래 2023년 8월 27일에 만료될 예정이었던 이 매수권은 처음에 2025년 8월 27일까지 연장되었습니다. 각 매수권은 보유자가 $0.52에 보통주 1주를 구매할 수 있도록 허용합니다. 회사 내부자는 이 매수권 중 2,433,844주를 보유하고 있습니다. 이번 두 번째 연장은 TSXV 정책에 따라 허용되는 최대 5년의 기간에 도달하며, 모든 다른 조건은 변경되지 않습니다. 이 연장은 TSXV의 승인을 필요로 합니다.
Graphano Energy (TSXV: GEL) (OTC Pink: GELEF) a annoncé des plans pour prolonger la date d'expiration de 12.607.317 bons de souscription d'actions ordinaires de 12 mois supplémentaires jusqu'au 27 août 2026. Il s'agit de la deuxième prolongation de ces bons, qui ont été initialement émis par le biais de placements privés de reçus de souscription en décembre 2020 et en avril 2021.
Les bons, qui devaient initialement expirer le 27 août 2023, ont été prolongés une première fois jusqu'au 27 août 2025. Chaque bon permet à son détenteur d'acheter une action ordinaire à 0,52 $ par action. Les initiés de l'entreprise détiennent 2.433.844 de ces bons. Ce deuxième prolongement atteindra la durée maximale de cinq ans autorisée par les politiques de la TSXV, toutes les autres conditions restant inchangées. Le prolongement nécessite l'approbation de la TSXV.
Graphano Energy (TSXV: GEL) (OTC Pink: GELEF) hat Pläne angekündigt, das Ablaufdatum von 12.607.317 Bezugsrechten auf Stammaktien um weitere 12 Monate bis zum 27. August 2026 zu verlängern. Dies ist die zweite Verlängerung dieser Bezugsrechte, die ursprünglich durch private Platzierungen von Zeichnungsscheinen im Dezember 2020 und April 2021 ausgegeben wurden.
Die Bezugsrechte, die ursprünglich am 27. August 2023 ablaufen sollten, wurden zunächst bis zum 27. August 2025 verlängert. Jedes Bezugsrecht ermöglicht es den Inhabern, eine Stammaktie zu einem Preis von $0,52 pro Aktie zu erwerben. Unternehmensinsider halten 2.433.844 dieser Bezugsrechte. Diese zweite Verlängerung wird die maximal zulässige Laufzeit von fünf Jahren gemäß den TSXV-Richtlinien erreichen, wobei alle anderen Bedingungen unverändert bleiben. Die Verlängerung bedarf der Genehmigung durch die TSXV.
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Vancouver, British Columbia--(Newsfile Corp. - April 11, 2025) - Graphano Energy Ltd. (TSXV: GEL) (OTC Pink: GELEF) (FSE: 97G0) ("Graphano" or the "Company") announces that it intends to extend the expiry date of an aggregate of 12,607,317 common share purchase warrants (the "Warrants") by an additional 12 months to August 27, 2026 (the "Warrant Extension").
The Warrants were originally issued pursuant to private placements of subscription receipts (the "Subscription Receipts") that closed on December 22, 2020, and April 19, 2021. The Subscription Receipts converted into common shares (the "Shares") and Warrants upon the listing of the Company's Shares on the TSX Venture Exchange ("TSXV") on August 21, 2021. The Warrants were initially set to expire on August 27, 2023, and were previously extended for two years to August 27, 2025, with TSXV approval, as announced in the Company's news release dated April 5, 2023.
Each Warrant entitles the holder to acquire one Share at an exercise price of
This second and final extension will bring the Warrants to the maximum five-year term permitted under TSXV policies. All other terms of the Warrants, including the exercise price, remain unchanged. The Warrant Extension is subject to the approval of the TSXV.
About Graphano Energy
Graphano Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring, and developing energy metals resources from exploration to production.
Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. The Company's Lac Aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the Company is developing its projects to meet the demands of the future.
ON BEHALF OF THE BOARD OF DIRECTORS
Luisa Moreno
Chief Executive Officer and Director
E: info@graphano.com
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 accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other matters, the Warrant Extension and receipt of all necessary approvals in connection therewith. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Graphano, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the TSX Venture Exchange not approving the Warrant Extension. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at www.sedarplus.ca, the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Graphano does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248245
FAQ
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