- Eagle Plains Resources (OTCQB:EGPLF) receives conditional approval to extend the expiry dates of two warrant sets.
- The expiry dates have been extended by 12 months, involving a total of 6,006,279 warrants.
- Exercise prices remain unchanged, pressing at $0.25 and $0.30 for the respective sets.
Eagle Plains Resources (OTCQB:EGPLF) has announced that it has received conditional approval from the TSX Venture Exchange to extend the expiry dates of two sets of warrants. The first set, involving 3,785,529 warrants issued in July 2022, originally expiring on July 11th, 2025, has been extended to July 11th, 2026. These warrants maintain an exercise price of $0.25.
The second set comprises 2,220,750 warrants issued in August 2023, with an original expiry of August 2nd, 2025, now extended to August 2nd, 2026. The exercise price for this set remains at $0.30.
Both sets of warrants retain their acceleration clauses, which can be enacted if Eagle Plains' stock trades at or above $0.50 for 20 consecutive trading days, requiring warrant exercise within 30 days of notice. This extension allows warrant holders additional time to exercise their rights, while maintaining existing exercise price conditions.
