Canada One Mining to Extend Term of Warrants
Canada One Mining Corp.
Suite 510, 580 Hornby Street
Vancouver, British Columbia
V6C 3B6
Canada One Mining to Extend Term of Warrants
June 17 , 2020 – Vancouver, Canada – Canada One Mining Corp. (the “Company” or “
Canada One”) (TSXV: CONE) announces that it will extend the term of warrants issued
in a Unit Private Placement completed on July 4, 2017.
Each Unit consisted of one common share and one full warrant. The warrants had a
term of three years with an expiry date of July 4, 2020. One full warrant is exercisable
to acquire one common share at $0. 15 per share. The Company originally issued
15,400,000 warrants in connection with the private placement , and 1,318, 793 of
those warrants have been exercised to date .
The Company will extend the term of the remaining 14, 080,207 warrants by 2 years
to expire on July 4, 2022. All other terms of the warrants will remain the same.
Completion of the extension of the warrants remains subject to the approval of the
TSX Venture Exchange.
On behalf of the Board of Directors,
Peter D. Berdusco
President and CEO
For further information, contact the company at :
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may c ontain forward-looking
statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties.
Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim
and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian
securities regulations. We do not assume any obligation to update any forward- looking statements, except a s required by
applicable laws.