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American Manganese to Extend Term of Warrants
American Manganese Inc. (TSX-V:AMY) is pleased to announce that the Company will be extending the exercise period of a total of 1,228,666 share purchase warrants, all of which are exercisable at $0.25 per share. The Warrants were issued pursuant to a private placement which closed over two tranches in 2017. 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:
Tranche 1: For Warrants issued on November 1, 2017, the new expiration date of those Warrants will be November 1, 2020.
Tranche 2: For Warrants issued on December 1, 2017, the new expiration date of those Warrants will be December 1, 2020.
All other terms and conditions of the Warrants remain unchanged. The Warrant extension is subject to acceptance by the TSX Venture Exchange.
Posted October 23, 2019
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