american manganese stock

American Manganese to Extend Term of Warrants

American Manganese Inc. (TSXV:AMY)(OTC PINK:AMYZF)(FSE:2AM) ("AMY" or the "Company") will be extending the exercise period for 10,158,225 share purchase warrants, all of which are exercisable at $0.20 per share (collectively, the "Warrants"). The Warrants were issued pursuant to two private placement which closed over several tranches in 2018 and 2019. The Company proposes to extend the expiry dates for all Warrants by one year, and accordingly, the new expiry dates for the Warrants are as follows

Private Placement of Units
Tranche 1: For Warrants issued on December 4, 2018, the new expiration date of those Warrants will be December 4, 2021.

Tranche 2: For Warrants issued on January 11, 2019, the new expiration date of those Warrants will be January 11, 2022.

Tranche 3: For Warrants issued on March 29, 2019, the new expiration date of those Warrants will be March 29, 2022.

Tranche 4: For Warrants issued on May 3, 2019, the new expiration date of those Warrants will be May 3, 2022.

Private Placement of Flow-Through Units
For Warrants issued on December 26, 2018, the new expiration date of those Warrants will be December 26, 2021.

All other terms and conditions of the Warrants remain unchanged. The Warrant extension is subject to acceptance by the TSX Venture Exchange.

On behalf of Management

American Manganese INC.
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778.574.4444
Email: lreaugh@amymn.com
www.americanmanganeseinc.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward -looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

SOURCE: American Manganese Inc.



View source version on accesswire.com:
https://www.accesswire.com/617693/American-Manganese-to-Extend-Term-of-Warrants

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Forest with visualization of CO2 clouds.

Hazer Group Receives AU$6.2 Million Government Grant for Commercial Reactor Program

The Western Australian government has awarded Hazer Group (ASX:HZR) AU$6.2 million in conditional grant funding under its Lower Carbon Grants Program — Gorgon Fund.

Hazer said the grant is non-refundable and was approved via the execution of a financial assistance agreement and project plan. It will use the funds to advance its commercial reactor scale-up program.

The first iteration of Hazer's reactor technology was installed in its commercial demonstration plant (CDP) in 2023, and the company completed a test program ahead of schedule in November.

Keep reading...Show less
Provaris Energy

Payment under JDA with Yinson to develop CO2 storage and marine transport solutions

Provaris Energy Ltd (Provaris, ASX.PV1) is pleased to provide an update to shareholders on the Joint Development Agreement (JDA) with Yinson Production Offshore Pte Ltd (Yinson), as announced on 1 October 2024.

Keep reading...Show less
Energy Technologies

Energy Technologies


Keep reading...Show less
Energy Technologies (ASX:EGY)

Exclusive Interview: Energy Technologies CEO Nick Cousins

Energy Technologies (ASX:EGY)CEO Nick Cousins shared that the company is refocusing its business strategy, focusing on the burgeoning renewable energy sector in Australia.

"We're looking at what is essentially a new business," said Cousins in an interview with the Investing News Network, highlighting the fundamental shift to capitalise on tailwinds supporting renewable energy initiatives.

Keep reading...Show less

Latest Press Releases

Related News

×