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OMINECA MINING AND METALS LTD. TO EXTEND WARRANTS

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OMINECA MINING AND METALS LTD. TO EXTEND WARRANTS

 

 

 

 

 

Omineca Mining and Metals Ltd. (TSX-V: OMM) announces that it is making an application to the TSX Venture Exchange to amend the expiry date of its share purchase warrants originally issued on November 25, 2020. The Warrants that are the subject of the amendment application were originally set to expire 24 months after the date of issue. The application is to amend the expiry date to a date that is 36 months after the date of issuance, such that, if approved by the Exchange, the Warrants originally set to expire November 25, 2022, will instead expire November 25, 2023. For further information on the original issuance of the Warrants, please see the Company’s press release dated November 25, 2020. Holders of Warrants will not receive an amended Warrant certificate.

 

Completion of the proposed amendment to the terms of the Warrants is subject to the final approval of the Exchange.

 

About Omineca Mining and Metals Ltd.

 

Omineca’s flagship Wingdam gold exploration and placer recovery project is located along the Barkerville Highway 45 km east of the City of Quesnel, British Columbia. The Wingdam project includes mineral tenures totaling over 61,392 hectares (613 square kms) and in excess of 15 linear kilometers of placer claims, both encompassing the Lightning Creek valley where topographic conditions created thick layers of overburden, which preserved a large portion of a buried paleochannel containing placer gold-bearing gravels. Omineca also has an exploration and diamond drill program currently underway exploring for the potential multiple hard rock sources of the placer gold at Wingdam.

 

Posted November 8, 2022

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