TSX Venture Exchange (TSX-V): GRG
Frankfurt Stock Exchange (FSE): G6A
OTCQB Venture Market (OTCQB): GARWF
VANCOUVER, BC, June 1, 2022
/CNW/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE:
G6A) (OTCQB: GARWF) ("Golden Arrow" or the
"Company") announces that the Company has made an
application to the TSX Venture Exchange to extend the term of
6,012,500 outstanding warrants as follows:
- 4,062,500 warrants that are set to expire on June 19, 2022, and 1,950,000 warrants that are
set to expire on June 20, 2022 to be
extended to June 19 and June 20, 2024 respectively. These warrants were
originally issued as part of the units under a single private
placement completed by the Company in 2 tranches on June 19 and June 20,
2019 respectively.
The exercise price of the warrants will remain at $0.30. Each warrant, when exercised, will
be exchangeable for one common share of the Company.
The amendment is subject to the approval of the TSX Venture
Exchange ("TSXV").
About Golden Arrow:
Golden Arrow Resources Corporation is a mining exploration
company with a successful track record of creating value by making
precious and base metal discoveries and advancing them into
exceptional deposits. The Company is well leveraged to the price of
gold, having monetized its Chinchillas silver discovery into a
significant holding in precious metals producer SSR Mining Inc.
Golden Arrow is actively
exploring a portfolio that includes an epithermal gold project in
Argentina, a district‑scale
frontier gold opportunity in Paraguay, a base-metal project in the heart of
a leading mining district in Chile
and more than 180,000 hectares of properties in Argentina.
The Company is a member of the Grosso Group, a resource
management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
"Joseph Grosso"
_______________________________
Mr. Joseph Grosso,
Executive Chairman, President and CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE Golden Arrow Resources Corporation