Sylla Gold Announces Warrant Extension
Rhea-AI Summary
Sylla Gold (OTC: SYGCF) intends to extend the expiry of an aggregate of 3,200,000 common share purchase warrants by 12 months from January 23, 2026 to January 23, 2027, subject to TSX Venture Exchange approval.
The warrants were issued with 3,200,000 units at $0.05 per unit in a private placement that closed on July 23, 2024. The company will notify warrant holders upon receipt of regulatory approval.
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News Market Reaction
On the day this news was published, SYGCF gained 156.36%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Bedford, Nova Scotia--(Newsfile Corp. - January 9, 2026) - Sylla Gold Corp. (TSXV: SYG) (OTC Pink: SYGCF) ("Sylla" or the "Company") announces that, subject to approval from the TSX Venture Exchange, the Company intends to extend the expiry date of an aggregate of 3,200,000 common share purchase warrants (each, a "Warrant"). The 3,200,000 Warrants were originally issued pursuant to a private placement offering, of 3,200,000 units in the capital of the Company (each, a "Unit") at a price of
The Warrants were originally set to expire on January 23, 2026. Under the proposed amendment, the Company is proposing to extend the expiry date for a further 12 months to January 23, 2027 (the "Warrant Extension").
Subject to the receipt of regulatory approval, the Company will send notices of the Warrant Extension to all holders of the Warrants.
For more information, please contact:
Regan Isenor
President and Chief Executive Officer
Tel: (902) 233-4381
Email: risenor@syllagold.com
Neither the 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.
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279970
FAQ
What change did Sylla Gold (SYGCF) announce on January 9, 2026 regarding warrants?
Which warrants are affected by the Sylla Gold (SYGCF) extension and when were they issued?
Does the Sylla Gold (SYGCF) warrant extension require regulatory approval?
How long will the Sylla Gold (SYGCF) warrants be extended if approved?
Who should SYGCF warrant holders contact for more information about the extension?
