Big Sky Petroleum Extends Expiration Date of Warrants

Big Sky Petroleum Corporation (TSXV:BSP) amended the terms of certain warrants that were set to expire on September 30, 2013, and now are set to expire on September 30, 2015.

As quoted in the press release:

25,714,285 warrants granted on September 30, 2011 with the original expiry date of September 30, 2013 and exercise price of $0.80, are now extended to expire on September 30, 2015, with each warrant entitling the holder to purchase one common share of the Company at $0.25 per share. Pursuant to section 4.3(b) of TSX Venture Exchange Policy 4.1, the warrants will have an accelerated term and that the warrants will expire within 30 days if the closing price exceeds $0.3125 for ten trading days.

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