VANCOUVER,
May 24, 2012 /PRNewswire/ - Radius
Gold Inc. (TSX-V: RDU) announces that its Board of Directors has
determined that it is in the best interests of the Company to
extend the expiry date of certain private placement warrants
previously issued by the Company. Accordingly, subject to TSX
Venture Exchange acceptance, the expiry date of 6,285,001
outstanding warrants exercisable at $0.37 per share has been extended by one year to
June 16, 2013, and 3,050,000
outstanding warrants exercisable at $0.55 per share has been extended by one year to
July 3, 2013.
About Radius
Radius has been exploring for gold in
Latin America for over a
decade. It has assembled interests in a portfolio of
promising gold projects in Guatemala and Nicaragua, and a number of 100% owned
exploration plays, including extensive landholdings in southern
Guatemala. Please call toll
free 1-888-627-9378 or visit our web site (www.radiusgold.com).
ON BEHALF OF THE BOARD
"Ralph Rushton"
President
Investor relations: Jaclyn
Ruptash
Symbol: TSXV-RDU; OTCBB-RDUFF
Shares Issued: 86.6-million
Neither the TSX Venture Exchange nor the
Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy
or accuracy of this release.
Forward-Looking Statement
Some of the statements in this news release contain
forward-looking information that involves inherent risk and
uncertainty affecting the business of Radius Gold Inc. Actual
results may differ materially from those currently
anticipated in such statement.
SOURCE Radius Gold Inc.
