| ||2004-10-25 16:18 ET - Miscellaneous |
The TSX Venture Exchange has consented to the reduction in the exercise price and to the extension in the expiry date of the following warrants.
No. of warrants: 1,196,666 (2,692,500 preamalgamation)
Original expiry date of warrants: Nov. 20, 2004
New expiry date of warrants: Nov. 20, 2005
Original exercise price of warrants: $2.25 ($1 preamalgamation)
New exercise price of warrants: $1.75
These warrants were issued pursuant to a private placement conducted by Pilagold Inc. which consisted of 5,385,000 shares with 2,692,500 share purchase warrants attached, which was accepted for filing by the exchange effective Nov. 20, 2003.
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