Miranda Gold Modifies Terms of Share Purchase Warrants
(firmenpresse) - MIRANDA GOLD MODIFIES TERMS OF SHARE PURCHASE WARRANTS
Vancouver, BC, Canada -December 17, 2014 - Miranda Gold
Corp. ("Miranda") (TSX-V:
MAD
, OTCBB: MRDDF, FSE: MRG) has made application to the
TSX Venture Exchange (the Exchange) to modify the
terms of 20,835,800 share purchase warrants (the
Warrants). The Warrants were issued in connection
with a private placement closed by Miranda on December
19, 2012. Each Warrant entitles the holder to purchase
one common share of the Company until December 19,
2017.
The original terms of the Warrant required that the
exercise price of $0.375 would increase to $0.50 on
December 19, 2014 and remain at that price until
expiry. Miranda has made application to the Exchange
to have the Warrant exercise price
remain at $0.375 per common share until expiry.
In addition, the original terms of the Warrant contain
an accelerated
expiry
. If the daily volume weighted average trading price
(the VWAP) of the common shares of Miranda is at
least $0.50 per share for 20 consecutive trading days
up to December 19, 2014, or at least $0.75 per share
thereafter, Miranda will have the right, exercisable
within five trading days thereof, to accelerate the
expiry date of the Warrants to the date which is 30
days after notice is given to the holders of the
warrants of the accelerated expiry date and a news
release to that effect is given.
Miranda has made application to the Exchange to have the
VWAP
remain at $0.50 until expiry.
All other terms of the Warrants will remain the same. If
the modifications are approved by the Exchange Miranda
will send a notice to all Warrant
holders.
About Miranda
Miranda is a gold exploration company active in Nevada,
Alaska
and Colombia, whose emphasis is on generating gold
exploration projects with world-class discovery
potential. Miranda performs its own grass roots
exploration and then employs a joint venture business
model on its projects in order to maximize exposure to
discovery while minimizing exploration risk. Miranda
has
o
ngoing relationships with Agnico Eagle Mines Ltd., Prism
Resources,
Montezuma Mines Inc., and Red Eagle Mining Corporation.
For more information related to Miranda: Joe Hebert,
Executive Vice
President
775-738-1877
www.mirandagold.com
Miranda Gold Corp.
Unit 1, 15782 Marine Drive
White Rock, BC. V4B 1E6
Tel: (604)536-2711
www.mirandagold.com
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Leseranfragen:
Die Miranda Gold Corp. ist ein Goldexplorationsunternehmen, das seine Aktivitäten im Cortez Gold Trend in Nevada sowohl Alaska und Kolumbien konzentriert.
Datum: 17.12.2014 - 13:27 Uhr
Sprache: Deutsch
News-ID 360091
Anzahl Zeichen: 3250
contact information:
Town:
Wien
Kategorie:
Business News
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"Miranda Gold Modifies Terms of Share Purchase Warrants
"
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