$DSMTF Deep-South Extends Warrant Terms VANCOUVER
Post# of 103016
VANCOUVER, BC, Oct. 22, 2021 /CNW/ - Deep-South Resources Inc. ("Deep-South" or the "Company" (TSXV: DSM) announces that it will extend the exercise period of the first tranche of 800,000 share purchase warrants for a further two years term and the second tranche of 2,731,500 share purchase warrants for a further two years term. The warrants which are exercisable at a price of $0.20 per common share, were scheduled to expire for the first tranche November 22, 2021 and for the second tranche March 5, 2022. Upon receipt of TSX Venture Exchange acceptance of this transaction, the warrants will expire after the close of business for the first tranche on November 22, 2023 and the second tranche March 5, 2024. The share purchase warrants were originally issued pursuant to a 7,125,000 units private placement, which closed on November 22, 2018 and March 5, 2019.
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