Sokoman Minerals Seeks Regulatory Approval to Extend Warrants
Sokoman Minerals Seeks Regulatory
Approval to Extend Warrants
St. John’s, NL, November 7, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF)
(“Sokoman” or the “Company”) has submitted an application to the TSX Venture Exchange (the
“Exchange”) seeking approval to extend the term of 26,946,423 warrants for 12 months. The
warrants were issued pursuant to the Company’s Flow-Through Private Placement, which closed
in December 2023. On receipt of Exchange approval, 18,942,500 warrants will be extended to
November 29, 2025, and 8,003,923 warrants will be extended to December 20, 2025. The
warrants’ exercise price of CAD$0.13 remains unchanged.
About Sokoman Minerals Corp.
Sokoman Minerals Corp. is a discovery -oriented company and one of the largest landholders in
the province of Newfoundland and Labrador, Canada’s emerging gold district. The Company's
primary focus is its portfolio of gold projects; the 100% -owned flagship, advanced -stage
Moosehead, Crippleback Lake, and the district -scale Fleur de Lys project near Baie Verte in
northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the
Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic
alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including
Grey River, Golden Hope, and Kepenkeck in Newfoundland.
In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a
major developer of lithium projects and processing plants in the USA, and exactly the right partner
to have to advance the lithium project. For full details of the agr eement please refer to the
Company’s press release dated October 11, 2023.
Projects optioned with optionee fully vested:
• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM
plus 1% NSR)
• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1%
NSR)
For more information, please contact:
Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp
Neither the 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.
Investors are cautioned that trading in the securities of the Corporation should be considered
highly speculative. Except for historical information contained herein, this news release
contains forward-looking statements that involve risks and uncertainties. Actual results may
differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to
reflect events or circumstances after the date hereof. More detailed information about potential
factors that could affect financial results is included in the documents filed from time to time
with the Canadian securities regulatory authorities by Sokoman Minerals Corp.