Crown Gold Announces Changes in Terms for Two Series of Warrants Issued by Gold Summit

- December 28th, 2010

Crown Gold Corporation (CVE:CWM) announces that changes in terms for two Series of warrants issued by Gold Summit Corporation (PINK:GLSCF).

Crown Gold Corporation (TSXV:CWM) announces that changes in terms for two Series of warrants issued by Gold Summit Corporation (PINK:GLSCF).

The press release is quoted as saying:

As a result of the amalgamation of Crown Minerals Inc. and Gold Summit Corporation to continue as Crown Gold Corporation, the warrants issued by Gold Summit Corporation were adjusted on a 1.65:1.00 ratio with the number of warrants being increased on that ratio and the exercise price being reduced to $0.09091 per share. The Warrants now have an exercise price of $0.09091 per share and will now expire on February 10, 2011.

Click here to access the entire press release

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