Big North Graphite Applies to Extend Warrants
12 February 2014 - 10:08AM
Access Wire
Vancouver, British Columbia, February 11, 2014
- Big North Graphite Corp (TSX-V: NTE) (the
"Company" or "Big North"), announces that the Company has made an
application to the TSX Venture Exchange (the "TSXV") to extend the
term of outstanding warrants as follows:
-
- 4,412,500 warrants
that are set to expire on June 13, 2014 will be amended to expire
on June 13, 2015. These warrants were originally issued on December
13, 2011 as part of the units issued under a private placement
completed by the Company in December 2011; and
-
- 3,216,500 warrants that are set to
expire on August 15, 2014 will be amended to expire on August 15,
2015. These warrants were originally issued on February 15, 2012 as
part of the units issued under a private placement completed by the
Company in February 2012.
All other terms and
conditions of the warrants, including the exercise price of $0.15,
remain unchanged. Each warrant is exercisable for one common share
of the Company.
The amendment is subject to the approval
of TSXV.
For further information, please contact
Spiro Kletas at (604) 629-8220.
ON BEHALF OF THE BOARD
(signed)
"Spiro
Kletas"
Spiro
Kletas
President and Chief Executive
Officer
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.
Except for
historical information contained herein, this news release contains
forward-looking statements that involve risks and uncertainties.
Actual results may differ materially. Except as required pursuant
to applicable securities laws, the Company will not update these
forward-looking statements to reflect events or circumstances after
the date hereof. More detailed information about potential factors
that could affect financial results is included in the documents
filed from time to time with the Canadian securities regulatory
authorities by the Company.
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