Brigadier Gold Limited (TSX VENTURE:BRG) Announces Warrant Term Extension and Mozambique and Argentina Updates
April 11 2014 - 3:01PM
Marketwired Canada
Brigadier Gold Limited (TSX VENTURE:BRG) announces it has applied to the TSX
Venture Exchange for the extension of the expiry dates of certain warrants
previously issued by the company.
The company previously completed a private placement on May 3, 2012, of
16,450,000 units at a price of 5 cents per unit, where each unit comprised one
common share and a common share purchase warrant. Each whole warrant entitles
the holder to purchase one common share at a price of 10 cents on or before May
3, 2014. Brigadier requested approval to extend the exercise period to May 3,
2015.
The Company also announced it has discontinued negotiations on amending
provisions of its letters of intent in Mozambique with both (1) Aman Mining Lda
and Jacoma Minerais Lda, and (2) MIMOC - Minerais de Mocambique, Limitada, both
of Maputo, Mozambique and consequently its interests have now lapsed.
The Company also announced it has discontinued negotiations on amending
provisions of its option agreement regarding the Incamayo property in Argentina
with SESA Holdings LLC and Salta Exploraciones SA. Consequently its interest has
now lapsed.
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 news release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Brigadier Gold Limited
Mr. Grant Hall
President & CEO
+1 (520) 668-4101
ghall@brigadiergold.com
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