Golden Alliance Amendment of Share Purchase Warrants

Golden Alliance Resources Corp. (TSXV:GLL) reports that it proposes to extend the expiry dates of subscriber warrants.

The press release is quoted as saying:

In April 2010, the Company issued 3,200,000 warrants exercisable at $0.35 until April 12, 2012 to subscribers of a private placement, of which, 2,890,000 are currently outstanding. The Company proposes to extend the expiry date for these warrants by eighteen (18) months to October 11, 2013 from April 12, 2012.

Golden Alliance’s President & COO, Normand Champigny says:

“While we are encouraged with the progress the Company is making towards completing the Environmental Impact Assessment Study that is necessary for obtaining the drilling permit for Rio Tabaconas Project.”  “we recognize that there has been a significant delay in order to carry out an extensive consultation process with local communities.”

Click here to access the entire press release.

Click here to access Golden Alliance’s company profile.(TSXV:GLL)