Casa Minerals Inc. Announces Warrant Extension
Casa Minerals Inc. Announces Warrant
Extension
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Casa Minerals Inc. (TSXV: CASA)
(OTC Pink: CASXF) (FSE: 0CM) (the "Company" or "Casa"), is pleased to announce its intentions to
update an aggregate of 20,000,000 common share purchase warrants ("Warrants") issued to its May
20, 2021 private placement. The Company's intentions are to extend the expiry date from August 18,
2023 for 16,400,000 warrants and September 20, 2023 for 3,600,000 warrants respectively to a new
expiry date of February 20, 2024 for all the warrants.
The Warrants were granted a previous repricing by the TSX.V on July 28, 2023 and have an exercise
price of $0.10. Management believes that extending the expiry date should encourage their exercise to
help finance work programs planned for this field season at the Company's projects.
The Warrants will continue to be subject to an acceleration clause.
The amendment of the Warrants is subject to approval of the TSX Venture Exchange.
About Casa Minerals Inc.
The Company is engaged in the acquisition, exploration and development of mineral properties located
in Canada and the USA. Casa owns ninety percent (90%) interest in the Congress gold mine (Arizona,
USA) in the patented claims from 40 feet depth and beyond and in addition the Company owns
undivided 100% in 25 claims (494.48 acres) of unpatented ground adjacent to the Congress gold mine.
This historic high-grade gold producing mine has not been explored nor been in production since 1992.
Additionally, the Company owns a one hundred percent (100%) interest in the polymetallic Pitman and
Keaper properties (BC, Canada) and has an option to acquire a seventy-five percent (75%) interest in
the Arsenault VMS Property (BC, Canada).
On Behalf of the Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO
For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email:
https://www.casaminerals.com
NEITHER 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.
Certain of the statements made and information contained herein may constitute "forward-
looking information." In particular references to the private placement and future work programs
or expectations on the quality or results of such work programs are subject to risks associated
with operations on the property, exploration activity generally, equipment limitations and
availability, as well as other risks that we may not be currently aware of. Accordingly, readers
are advised not to place undue reliance on forward-looking information. Except as required
under applicable securities legislation, the Company undertakes no obligation to publicly
update or revise forward-looking information, whether as a result of new information, future
events or otherwise.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/176699