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Sylla Gold Corp. (TSXV: SYG,OTC:SYGCF) (OTC Pink: SYGCF) ("Sylla" or the "Company") announces that, subject to approval from the TSX Venture Exchange, the Company intends to extend the expiry date of an aggregate of 3,200,000 common share purchase warrants (each, a "Warrant"). The 3,200,000 Warrants were originally issued pursuant to a private placement offering, of 3,200,000 units in the capital of the Company (each, a "Unit") at a price of $0.05 per unit, which closed on July 23, 2024.
The Warrants were originally set to expire on January 23, 2026. Under the proposed amendment, the Company is proposing to extend the expiry date for a further 12 months to January 23, 2027 (the "Warrant Extension").
Subject to the receipt of regulatory approval, the Company will send notices of the Warrant Extension to all holders of the Warrants.
For more information, please contact:
Regan Isenor
President and Chief Executive Officer
Tel: (902) 233-4381
Email: risenor@syllagold.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 contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279970
