Stuhini Announces Intention to Extend Warrant Expiry Dates
Stuhini Announces Intention to Extend Warrant
Expiry Dates
VANCOUVER, BC
,
Dec. 5, 2024
/CNW/ - Stuhini Exploration Ltd. ("
Stuhini
" or the "
Company
")
(TSXV: STU) announces its intention to extend the expiry date of previously issued common share
purchase warrants to purchase up to 2,999,999 common shares at an exercise price of
$0.35
per
share (the "
Warrants
"). The Warrants were issued in connection with a non-brokered private
placement of units (the "
Units
"), each Unit comprised of one common share and one-half of one
Warrant. The offering closed in two tranches on
December 20, 2022
, and
January 13, 2023
, with
1,969,091 Warrants scheduled to expire on December20, 2024, and 1,030,908 Warrants to expire
on
January 13, 2025
, respectively.
If accepted by the TSX Venture Exchange, the Company will extend the expiry date of the Warrants
issued under the
December 20, 2022
and
January 13, 2023
tranches to
December 20, 2026
, and
January 13, 2027
, respectively. All other terms and conditions of the Warrants will remain
unchanged. The extension of the expiry date in respect of the Warrants is subject to the acceptance
of the TSX Venture Exchange.
About Stuhini Exploration Ltd.
Stuhini is a mineral exploration company focused on exploration and development of precious and
base metals properties in western
Canada
and the southwest
United States
. The Company's
portfolio of exploration properties includes: the flagship Ruby Creek Property, 14 km east of
Atlin,
BC
; the Que Project, 70 km north of Johnson's Crossing,
Yukon
; the South Thompson Nickel
Project, 35 km northwest of
Grand Rapids, Manitoba
; the Big Ledge Property, 57 km south of
Revelstoke, BC
; the Red Hills Project in northeast
Nevada
; the Jersey Valley Project in northwest
Nevada
; and the Lindsay Project in southeast
Arizona
.
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.
SOURCE
Stuhini Exploration Ltd.
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For further information:
For further information please contact: David O'Brien, President & Chief
Executive Officer Telephone: (604) 835-4019, Email: [email protected]
CO: Stuhini Exploration Ltd.
CNW 16:15e 05-DEC-24