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    Ely Gold & Minerals Inc. Corrects Disclosure of Warrant Terms

    Shelly Kumar
    May. 16, 2017 11:25AM PST
    Gold Investing
    Company News

    Ely Gold & Minerals Inc. (TSXV:ELY,OTC:ELYGF)(“Ely Gold” or the “Company”)  at the request of the TSX Venture Exchange, the Company reports a correction of the warrant terms disclosed in its May 4, 2017 news release. The 1.0M warrants to be issued to Platoro West Inc. are exercisable at $0.125 per share for three years, but …

    Ely Gold & Minerals Inc. (TSXV:ELY,OTC:ELYGF)(“Ely Gold” or the “Company”)  at the request of the TSX Venture Exchange, the Company reports a correction of the warrant terms disclosed in its May 4, 2017 news release. The 1.0M warrants to be issued to Platoro West Inc. are exercisable at $0.125 per share for three years, but inadvertently were stated to be exercisable at $0.12 per share for two years. The remaining material terms of the subject asset acquisition transaction remain as announced on May 4, 2017.
    On Behalf of the Board of Directors
    Signed “Trey Wasser”
    Trey Wasser, President & CEO
    For further information, please contact:
    trey@elygoldinc.com
    972-803-3087
    ir@elygoldinc.com
    604-488-1104
    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.

    Click here to connect with Ely Gold & Minerals (TSXV:ELY) to receive an Investor Presentation.

    Source: www.newsfilecorp.com

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