Everton Resources Extends Expiry Date of Warrants
September 25 2012 - 2:39PM
Marketwired Canada
Everton Resources Inc. ("Everton" or the "Company")(TSX
VENTURE:EVR)(OTCQX:EVRRF)(FRANKFURT:EVR) is pleased to announce that the TSX
Venture Exchange (the "Exchange") has granted its acceptance to extend warrants
issued in connection with a non-brokered private placement completed in October,
2010. The original expiry date of these warrants was October 29, 2012 and they
had been extended last year to expire October 29, 2013. The expiry of these
warrants will now be extended by an additional twelve months.
As a result, the Company will extend the expiry date of 3,633,000 share purchase
warrants to October 29, 2013. The exercise price will remain at $0.40 per
warrant.
In addition the Company would like to make a correction to the press release
issued August 31, 2012 in regards to the amendments to its stock option plan. In
the original press release the Company indicated that it increased the maximum
number of common share reserved for issuance under its stock option plan from
11,691,725 to 13,152,922, representing 10% of the outstanding common shares to
date. The press release should have read that the Company increased the maximum
number of common share reserved for issuance under its stock option plan from
10,277,629 to 13,152,922, representing 10% of the outstanding common shares to
date.
Furthermore the Company is also making a correction to the press release issued
August 27, 2012 in regards to the finders' fees paid out on closing of the
$1,597,000 non-brokered private placement. In the original press release it was
stated that the Company paid finders' fees totaling $60,270 and issued 1,103,375
non-transferable warrants. The press release should have read that the Company
paid finders' fees totaling $60,270 and issued 1,068,375 non- transferable
warrants.
About Everton Resources Inc.
Everton Resources and Brigus Gold Inc., Everton's exploration partner in the
Dominican Republic, have reached an agreement whereby Everton will acquire 100%
ownership of Brigus' remaining interest in the Ampliacion Pueblo Viejo II
("APV"), Ponton and La Cueva concessions in the Dominican Republic. Everton is
actively exploring adjacent to the US$3.8 billion Pueblo Viejo project,
currently being mined by the world's largest gold mining company, Barrick Gold
Corporation (60%) in partnership with Goldcorp Inc. (40%) ("Goldcorp")
(NYSE:GG)(TSX:G). Everton also holds an interest in the Opinaca region of James
Bay, Quebec where the Company has partnered with Aurizon Mines Ltd. who is
advancing Everton's interest by funding 100% of all exploration work on one of
the largest land packages adjacent to Goldcorp's Eleonore gold deposit.
This news release contains certain forward-looking statements that involve risks
and uncertainties, such as statements of Everton's plans, objectives,
strategies, expectations and intentions. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions, as they relate to Everton, or its management, are intended
to identify such forward-looking statements. Many factors could cause Everton's
actual results, performance or achievements to be materially different any
future results, performance or achievements that may be expressed or implied by
such forward-looking statements. The forward-looking statements included in this
press release represent Everton's views as of the date of the release. While
Everton anticipates that subsequent events and developments may cause its views
to change, it specifically disclaims any obligation to update these
forward-looking statements, except in accordance with applicable securities
laws. Accordingly, readers are advised not to place undue reliance on
forward-looking information. All subsequent written and oral forward-looking
statements attributable to Everton or persons acting on its behalf are expressly
qualified in their entirety by this notice.
Everton Resources (TSXV:EVR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Everton Resources (TSXV:EVR)
Historical Stock Chart
From Dec 2023 to Dec 2024