Mineworx Announces Proposed Extension of Warrant Term
19 December 2017 - 5:48AM
Mineworx Technologies Ltd., (the
"
Company" or "
Mineworx")
(TSXV:MWX) (OTCQB:MWXRF) (FSE:YRS) (WKN:A2DSW3) will be applying to
the TSX Venture Exchange for approval to extend the expiry date of
10,541,667 common share purchase warrants that were issued as part
of a non-brokered private placement completed by the Company in
January 2014. The Warrants are exercisable for common shares of
Solid Resources and Iberian Minerals (now Mineworx) at a price of
$0.26 per share and were previously extended to the current expiry
of January 7, 2018. The Company is proposing to extend the expiry
date of the warrants by an additional ten (10) months to 4:30 p.m.,
Edmonton, Alberta time on November 7, 2018. All other terms and
conditions of the warrants, including the exercise price and the
accelerated expiry provision, will remain the same. The proposed
extension of the expiry is conditional upon the receipt of Exchange
approval.
Additional details of the warrants are provided
in the Company’s press release dated January 7, 2014.
About Mineworx
Mineworx is positioned for growth through
partnerships with advanced mining and E-Waste opportunities
utilizing its licensed cyanide-free precious metals extraction
formula and patent-pending portable extraction technologies. These
three innovations will increase and enhance business opportunities
by deploying cost effective, environmentally friendly extractive
metallurgy solutions.
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.
For further information, go to www.mineworx.net
For further information
contact:
MINEWORX TECHNOLOGIES LTD.Rick Gliege, V.P. Corporate
Development250-751-3661rick@mineworx.net
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