VANCOUVER, BC, Feb. 20, 2025 /CNW/ – Getchell Gold Corp. (CSE:GTCH) (OTCQB:GGLDF) (FWB: GGA1) (“Getchell” or the “Company”) announces that it proposes to extend the expiry dates of an aggregate of 5,202,250 outstanding share purchase warrants, as described below.
The Company issued 3,011,250 warrants with an exercise price of $0.50 pursuant to a private placement of units that closed on May 14, 2021 (the “2021 Warrants“). The original exercise price of the 2021 Warrants was $0.65 and the exercise price was previously repriced to $0.50. The original expiry date of the 2021 Warrants was May 14, 2023, and the expiry date of the 2021 Warrants was previously extended to May 14, 2024, and subsequently extended to May 14, 2025. The Company proposes to extend the expiry date of the 2021 Warrants by an additional 12 months, such that 2021 Warrants will expire on May 14, 2026. All other terms of the 2021 Warrants remain unchanged.
The Company issued an aggregate of 2,191,000 warrants with an exercise price of $0.60 pursuant to a private placement of units that closed on May 30, 2022 (the “2022 Warrants“). The original expiry date of the 2022 Warrants was May 30, …
