Praetorian Resources Limited Increases Holdings in Maya Gold & Silver

Praetorian Resources Limited announced that is has acquired 3,500,000 common share purchase warrants of Maya Gold & Silver Inc. (TSXV:MYA).

As quoted in the press release:

Following the Share Exchange, Praetorian directly and indirectly owns 13,816,000 common shares of Maya (representing 12.66% of the issued and outstanding common shares of Maya) and 6,300,000 common share purchase warrants of Maya exercisable to acquire in the aggregate 6,300,000 common shares in the share capital of Maya. Should the 6,300,000 common share purchase warrants be fully exercised, its holdings, both directly and indirectly, would represent 17.43% of the issued and outstanding common shares of Maya on a partially diluted basis.

To view the whole press release, click here.