VANCOUVER, Sept. 13, 2019 /CNW/ - Freegold Ventures Limited
(TSX: FVL, Frankfurt: FR4N) (the "Company" or "Freegold") announces
that Freegold has both extended the expiry date of the warrants
from September 19, 2019 until
September 19, 2020, and re-priced the
warrants subject to TSX approval. These warrants were previously
issued pursuant to the private placement completed by the Company
on September 19, 2017.
The price of the 1,252,130 broker warrants has been reduced from
$0.12 to $0.10 and the price of the other 12,521,300
warrants has been reduced from $0.18
to $0.15.
No insiders of Freegold hold any of the amended and extended
warrants.
About Freegold Ventures Limited
Freegold is a TSX listed company focused on exploration in Alaska and holds through
leases
the Golden Summit Gold Project, near Fairbanks as well the Shorty Creek Copper –Gold Project near
Livengood where a drill program is currently underway.
Some statements in this news release contain forward-looking
information, including without limitation statements as to planned
expenditures and exploration programs. These statements address
future events and conditions and, as such, involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the statements. Such factors include
without limitation the completion of planned expenditures, the
ability to complete exploration programs on schedule and the
success of exploration program.
SOURCE Freegold Ventures Limited