Casa Minerals Announces Expiry of Warrant Incentive Program

Rhea-AI Summary

Casa Minerals Inc. announced the expiry of its Warrant Incentive Program, where no share purchase warrants were exercised. The Warrant Incentive Program is now expired, and share purchase warrants can be converted into common shares at $0.10 per share until February 20, 2025.

Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the "Company" or "Casa"), announces that no share purchase warrants of the Company were exercised under the previously announced warrant incentive program (the "Warrant Incentive Program") prior to its expiry on April 10, 2024. As the Warrant Incentive Program has now expired, those share purchase warrants will be exercisable into common shares of the Company at a price of $0.10 per share until February 20, 2025. See the Company's news release dated March 1, 2024 for additional details.

About Casa Minerals Inc.

The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. Casa owns ninety percent (90%) interest in the Congress gold mine (Arizona, USA). This historic high-grade gold producing mine has not been explored nor been in production since 1992. Additionally, the Company owns a one hundred percent (100%) interest in the polymetallic Pitman and Keaper properties (BC, Canada) and has an option to acquire a seventy-five percent (75%) interest in the Arsenault VMS Property (BC, Canada).

On Behalf of Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO

For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: contact@casaminerals.com
https://www.casaminerals.com

NEITHER 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.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/208691

FAQ

What did Casa Minerals Inc. announce?

Casa Minerals Inc. announced the expiry of its Warrant Incentive Program.

Were any share purchase warrants exercised under the Warrant Incentive Program?

No, no share purchase warrants of the Company were exercised.

What is the price to convert share purchase warrants into common shares?

The price to convert share purchase warrants into common shares is $0.10 per share until February 20, 2025.

When did the Warrant Incentive Program expire?

The Warrant Incentive Program expired on April 10, 2024.

Where can additional details be found?

Additional details can be found in the Company's news release dated March 1, 2024.