Golden Arrow Applies to Extend Warrants
GOLDEN ARROW APPLIES TO EXTEND
WARRANTS
TSX Venture Exchange (TSX-V):
GRG
Frankfurt Stock Exchange (FSE):
G6A
OTCQB Venture Market (OTCQB):
GARWF
VANCOUVER, BC
,
June 1, 2022
/CNW/ -
Golden Arrow Resources Corporation
(TSXV: GRG)
(FSE: G6A) (OTCQB: GARWF)
("Golden Arrow"
or the
"Company")
announces that the Company
has made an application to the TSX Venture Exchange to extend the term of 6,012,500 outstanding
warrants as follows:
4,062,500 warrants that are set to expire on
June 19, 2022
, and 1,950,000 warrants that are set
to expire on
June 20, 2022
to be extended to
June 19
and
June 20, 2024
respectively. These
warrants were originally issued as part of the units under a single private placement completed by
the Company in 2 tranches on
June 19
and
June 20, 2019
respectively.
The exercise price of the warrants will remain at
$0.30
. Each warrant, when exercised, will be
exchangeable for one common share of the Company.
The amendment is subject to the approval of the TSX Venture Exchange ("TSXV").
About
Golden Arrow
:
Golden Arrow Resources Corporation is a mining exploration company with a successful track record
of creating value by making precious and base metal discoveries and advancing them into exceptional
deposits. The Company is well leveraged to the price of gold, having monetized its Chinchillas silver
discovery into a significant holding in precious metals producer SSR Mining Inc.
Golden Arrow
is actively exploring a portfolio that includes an epithermal gold project in
Argentina
, a
district
scale frontier gold opportunity in
Paraguay
, a base-metal project in the heart of a leading
mining district in
Chile
and more than 180,000 hectares of properties in
Argentina
.
The Company is a member of the Grosso Group, a resource management group that has pioneered
exploration in
Argentina
since 1993.
ON BEHALF OF THE BOARD
"Joseph Grosso"
_______________________________
Mr.
Joseph Grosso
,
Executive Chairman, President and CEO
Neither 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.
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SOURCE
Golden Arrow Resources Corporation
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http://www.newswire.ca/en/releases/archive/June2022/01/c9592.html
%SEDAR: 00042897E
For further information:
Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-
0058, Email: [email protected]
CO: Golden Arrow Resources Corporation
CNW 07:00e 01-JUN-22