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Canamex Resources Reduces Exercise Price of Warrants

Investing News Network
Feb. 06, 2014 02:47PM PST
Resource Investing

Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) received approval from the TSX Venture Exchange to reduce the exercise prices of previously issued warrants.

 Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) received approval from the TSX Venture Exchange to reduce the exercise prices of previously issued warrants.
As quoted in the press release:

…on February 5, 2014 it received acceptance from the TSX Venture Exchange to the reduction of the exercise prices of the following previously issued Warrants:

  • 4,310,077 warrants that were previously issued on April 4, 2011 are now exercisable at $0.15 per share on or before April 3, 2014 (including 500,000 that are held by Insiders). A balance of 489,923 warrants that are held by Insiders will remain exercisable at $0.25 on or before April 3, 2014; and
  • 1,100,000 warrants that were previously issued on April 29, 2011 are now exercisable at $0.175 per share on or before April 28, 2014.

Click here to read the Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) press release
Click here to see the Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) profile

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