Gungnir Extends Warrant Expiry Dates
Share Capital & Compensation
| Gungnir Extends Warrant Expiry Dates | ||||
|---|---|---|---|---|
| Surrey, BC – August 27, 2024 - Gungnir Resources Inc. (GUG: TSX-V, ASWRF: OTCPK) (“Gungnir” or the | ||||
| “Company”) is pleased to announce that it intends to extend, subject to the approval of the TSX Venture | ||||
| Exchange, the expiry dates of an aggregate of 15,330,667 outstanding warrants as detailed below. | ||||
| The subject warrants were originally issued on September 24, 2020 and October 1, 2020, with an original | ||||
| expiry date of three years after the applicable issue date, and September 10, 2021, with an original expiry | ||||
| date of two years after the issue date. The warrants were issued in connection with private placements | ||||
| of units consisting of common shares and warrants of the Company. The Company previously extended | ||||
| the expiry dates of the subject warrants by one year, and the new expiry dates will provide a further one- | ||||
| year extension of the warrants from their current expiry dates. These warrants continue to be exercisable | ||||
| at their original exercise price. | ||||
| Exercise Price Original Expiry Date Amended Expiry Date $0.09 September 24, 2023 September 24, 2025 $0.09 October 1, 2023 October 1, 2025 $0.08 September 10, 2023 September 10, 2025 About Gungnir Resources Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company (GUG: TSX-V, ASWRF: OTCPK) with gold and base metal projects in northern Sweden. Gungnir’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project which hosts a developing intrusion-hosted gold system, VMS-style mineralization, and copper-nickel targets. Currently, the Company is focused on its newly discovered gold target at Hemberget. Further information about the Company and its properties may be found at www.gungnirresources.com or at www.sedar.com. On behalf of the Board, Jari Paakki, CEO and Director | Exercise Price | Original Expiry Date | Amended Expiry Date | |
| $0.09 | September 24, 2023 | September 24, 2025 | ||
| $0.09 | October 1, 2023 | October 1, 2025 | ||
| $0.08 | September 10, 2023 | September 10, 2025 | ||
| About Gungnir Resources | ||||
| Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company (GUG: TSX-V, | ||||
| ASWRF: OTCPK) with gold and base metal projects in northern Sweden. Gungnir’s assets include two | ||||
| nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and | ||||
| the Knaften-Hemberget project which hosts a developing intrusion-hosted gold system, VMS-style | ||||
| mineralization, and copper-nickel targets. Currently, the Company is focused on its newly discovered gold | ||||
| target at Hemberget. Further information about the Company and its properties may be found at | ||||
| www.gungnirresources.com or at www.sedar.com. | ||||
| On behalf of the Board, | ||||
| Jari Paakki, CEO and Director |
For further information contact:
Head Office/Investor Relations Phone: +1-604-683-0484 Email: [email protected]
Jari Paakki, CEO Email: [email protected]
Chris Robbins, CFO Email: [email protected]
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.