September 01, 2012 22:49 ET Latin American Mine
Post# of 23
Posted On: 09/02/2012 6:33:04 PM
September 01, 2012 22:49 ET
Latin American Minerals Extends Exercise Period for Warrants by Six Months
TORONTO, ONTARIO--(Marketwire - Sept. 1, 2012) - Latin American Minerals Inc. (TSX VENTURE:LAT)(OTCQX:LATNF) (the "Company") announces that it has received approval from the TSX Venture Exchange (the "Exchange") for a six month extension for the 4,983,000 outstanding share purchase warrants (the "September Warrants") issued pursuant to the Corporation's private placement at a price of $0.15 per unit completed on September 10, 2012 and the 4,700,000 outstanding share purchase warrants (the "October Warrants") issued pursuant to the Corporation's private placement at a price of $0.15 per unit completed on October 5, 2009.
Each September Warrant is exercisable for one Common Share at an exercise price of $0.20 per Common Share and each October Warrant is exercisable for one Common Share at an exercise price of $0.30 per Common Share. The September Warrants were due to expire on September 10, 2012 and the October Warrants were due to expire on October 5, 2012.
The new expiry date for the September Warrants is March 10, 2013 and the new expiry date for the October Warrants is April 5, 2013
Latin American Minerals Extends Exercise Period for Warrants by Six Months
TORONTO, ONTARIO--(Marketwire - Sept. 1, 2012) - Latin American Minerals Inc. (TSX VENTURE:LAT)(OTCQX:LATNF) (the "Company") announces that it has received approval from the TSX Venture Exchange (the "Exchange") for a six month extension for the 4,983,000 outstanding share purchase warrants (the "September Warrants") issued pursuant to the Corporation's private placement at a price of $0.15 per unit completed on September 10, 2012 and the 4,700,000 outstanding share purchase warrants (the "October Warrants") issued pursuant to the Corporation's private placement at a price of $0.15 per unit completed on October 5, 2009.
Each September Warrant is exercisable for one Common Share at an exercise price of $0.20 per Common Share and each October Warrant is exercisable for one Common Share at an exercise price of $0.30 per Common Share. The September Warrants were due to expire on September 10, 2012 and the October Warrants were due to expire on October 5, 2012.
The new expiry date for the September Warrants is March 10, 2013 and the new expiry date for the October Warrants is April 5, 2013
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