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    Cream Minerals Extends Existing Warrants

    Investing News Network
    Dec. 07, 2012 09:31AM PST
    Company News

    Cream Minerals Ltd. (TSX:CMA,OTCQB:CRMXF,FwB:DFL) announced that it will extend the exercise period of the warrants previously issued in connection with a private placement conducted by the Company in December, 2010. it will amend the exercise price of the Warrants to $0.10.

     Cream Minerals Ltd. (TSX:CMA,OTCQB:CRMXF,FwB:DFL) announced that it will extend the exercise period of the warrants previously issued in connection with a private placement conducted by the Company in December, 2010. it will amend the exercise price of the Warrants to $0.10.

    As quoted in the press release:

    Pursuant to Exchange policies, if insiders hold in aggregate more than 10 percent of the outstanding Warrants, only 10 percent of the total number of Warrants held by insiders will be re-priced and the re-priced Warrants will be allocated pro rata among the insiders holding Warrants. Warrants issued to brokers, agents or finders in connection with the December 2010 private placement will not be amended.

    Click here to read the Cream Minerals Ltd. (TSX:CMA,OTCQB:CRMXF,FWB:DFL) press release

    See this press release on Marketwire
    Click here to see the Cream Minerals Ltd. (TSX:CMA,OTCQB:CRMXF,FWB:DFL) profile

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