Mr. Ralph Rushton reports
AFTERMATH SILVER ANNOUNCES PROPOSED WARRANT EXTENSION
Subject to receipt of required approval from the TSX Venture Exchange, Aftermath Silver Ltd. will extend the expiry of a total of 7,921,199 outstanding common share purchase warrants.
The warrants were issued pursuant to a private placement offering which closed on Nov. 14, 2019, pursuant to which the company issued 16.5 million units of the company at a price of 20 cents per unit (of which 328,801 warrants have previously been exercised). Each unit consisted of one common share of the company and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase an additional share until Nov. 14, 2022, at an exercise price of 25 cents. The expiry date of the warrants were originally extended until Nov. 14, 2023, and will be extended once again by one year from Nov. 14, 2023, to Nov. 14, 2024. All other terms and conditions of the warrants will remain the same.
About Aftermath Silver Ltd.
Aftermath Silver is a leading Canadian junior exploration company focused on silver and aims to deliver shareholder value through the discovery, acquisition and development of quality silver projects in stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement. The company's projects have been selected based on growth and development potential.
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