Bolt Metals Announces Amendment to Term of Warrants
Bolt Metals Announces Amendment to Term of Warrants
Vancouver, B.C. – January 29, 2021 ‐ Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT)
(FRANKFURT: A2QEUB) (OTCQB: PCRCF) announces that it has made application to the Canadian
Securities Exchange (the "Exchange"), to extend the term of common share purchase warrants (the
"Warrants") that were issued under the Company's private placement of units completed on February 6,
2020, that were set to expire on February 6, 2021. The Warrants had an exercise price of $0.16 per
common share and there were 6,184,704 issued and outstanding prior to the 6.5 to 1 share consolidation
the Company completed on September 24, 2020 (the “Consolidation”). Following completion of the
Consolidation, 951,493 Warrants remain issued and outstanding with an exercise price of $1.04 per
Warrant. Insiders of Bolt hold 0.81% of the Warrants. The Company has extended the term of the
Warrants from 12 months to 36 months in accordance with Exchange policies, resulting in a new expiry
date of February 6, 2023.
About Bolt Metals
Bolt Metals is a Canadian‐based exploration company focused on the acquisition and development of
production grade nickel and cobalt deposits, key raw material inputs for the growing lithium‐ion battery
industry. Visit https://boltmetals.com/ to find out more.
Bolt Metals Corp.
Ranjeet Sundher – President and CEO
(604) 922‐8272
Steve Vanry – CFO & Director
(604) 922‐8272
Sean Bromley – Director & Investor Contact
(778) 985‐8934
Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.