Canadian GoldCamps Announces Warrant Amendments
Toronto, Ontario – November 24, 2023 – Canadian GoldCamps Corp. (“Canadian GoldCamps”, or the “Company”) (CSE: CAMP) (FSE: A68) (OTC: SMATF) announces the amendment of certain terms of an aggregate of 8,926,515 common share purchase warrants (“Warrants”) consisting of: (i) 4,131,231 Warrants issued on December 3, 2021 (the “December 3rd Warrants”); and (ii) 4,795,284 Warrants issued on December 17, 2021 (the “December 17th Warrants”) and together with the December 3rd Warrants, the “Old Warrants”). Each Old Warrant entitles the holder to purchase one common share of the Company (“Common Share”) at a price of $0.70 per Common Share.
The Company will make the following amendments to the Warrants (collectively, the “Warrant Amendments”):
1. To extend the expiry date of the December 3rd Warrants from December 3, 2023 to December 3, 2026 (“Amendment One”); and
2. To extend the expiry date of the December 17th Warrants from December 17, 2023 to December 17, 2026 (“Amendment Two”).
The Company requested and obtained an exemption from the Canadian Securities Exchange Policy 6 regarding the notice period requirement for warrant amendments.
About Canadian GoldCamps Corp.
Canadian GoldCamps Corp. is a Canadian-based junior exploration stage company engaged in the evaluation, acquisition and exploration of lithium properties.
For further information, please contact:
Canadian GoldCamps Brendan Purdy, Interim CEO 604-687-2038
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. There is no assurance the private placement, property option, change of board or reinstatement of trading referred to above will close on the terms as stated, or at all. The Company disclaims any intention or obligation to revise or update such statements.