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Continental Gold Warrants to Trade on the TSE Commencing January 17, 2011
Jan. 13, 2011 07:20AM PST
Gold InvestingContinental Gold Limited (TSE:CNL,OTC:CGOOF) reports on its warrants issued on September 16, 2010 are expected to begin trading on the Toronto Stock Exchange on January 17, 2011 under the symbol “CNL.WT”.
Continental Gold Limited (TSX:CNL,OTC:CGOOF) reports on its warrants issued on September 16, 2010 are expected to begin trading on the Toronto Stock Exchange on January 17, 2011 under the symbol “CNL.WT”.
The press release is quoted as saying:
The Warrants are exercisable at a price of $7.50 until September 16, 2012. In the event that the closing price of the Company’s common shares on the TSX is greater than $9.75 per share for a period of 20 consecutive trading days, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date on which such notice is given by the Company.