Delta Announces Warrant Extension
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) has announced plans to extend the exercise period for 2.5 million warrants. These warrants, originally issued through a private placement that closed on January 31, 2023, are exercisable at $0.18 per common share. The company proposes to extend their expiry date to July 23, 2025. All other warrant terms and conditions remain unchanged. The warrant extension is pending approval from the TSX Venture Exchange.
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) ha annunciato piani per estendere il periodo di esercizio per 2,5 milioni di warrant. Questi warrant, originariamente emessi tramite un collocamento privato che si è concluso il 31 gennaio 2023, sono esercitabili a $0,18 per azione ordinaria. L'azienda propone di estendere la loro data di scadenza a 23 luglio 2025. Tutti gli altri termini e condizioni dei warrant rimangono invariati. L'estensione dei warrant è in attesa di approvazione da parte della TSX Venture Exchange.
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) ha anunciado planes para extender el periodo de ejercicio de 2,5 millones de warrants. Estos warrants, emitidos originalmente a través de una colocación privada que se cerró el 31 de enero de 2023, son ejercitables a $0,18 por acción ordinaria. La empresa propone extender su fecha de vencimiento a 23 de julio de 2025. Todos los demás términos y condiciones de los warrants permanecen sin cambios. La extensión de los warrants está pendiente de aprobación por parte de la TSX Venture Exchange.
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF)는 250만 개의 워런트의 행사 기간 연장을 발표했습니다. 이 워런트는 2023년 1월 31일에 종료된 사모 배정을 통해 처음 발행되었으며, 주당 $0.18에 행사할 수 있습니다. 회사는 만료일을 2025년 7월 23일로 연장할 것을 제안합니다. 다른 모든 워런트 조건은 변함없이 유지됩니다. 워런트 연장은 TSX 벤처 거래소의 승인을 기다리고 있습니다.
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) a annoncé des plans pour prolonger la période d'exercice de 2,5 millions de bons de souscription. Ces bons, initialement émis par le biais d'un placement privé qui a pris fin le 31 janvier 2023, sont exerçables au prix de 0,18 $ par action ordinaire. La société propose de prolonger leur date d'expiration au 23 juillet 2025. Tous les autres termes et conditions des bons de souscription restent inchangés. La prolongation des bons de souscription est en attente d'approbation de la TSX Venture Exchange.
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) hat Pläne angekündigt, die Laufzeit von 2,5 Millionen Warrants zu verlängern. Diese Warrants, die ursprünglich durch eine Privatplatzierung ausgegeben wurden, die am 31. Januar 2023 abgeschlossen wurde, können zu einem Preis von $0,18 pro Stammaktie ausgeübt werden. Das Unternehmen schlägt vor, das Ablaufdatum auf 23. Juli 2025 zu verlängern. Alle anderen Bedingungen und Konditionen der Warrants bleiben unverändert. Die Verlängerung der Warrants steht noch zur Genehmigung durch die TSX Venture Exchange aus.
- Extension of warrant expiry provides additional time for potential capital raising at $0.18 per share
- Warrant extension at $0.18 could potentially cap share price appreciation near that level
Montreal, Quebec--(Newsfile Corp. - January 22, 2025) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "The Company") announces that the Company intends to extend the exercise period for 2,500,000 warrants exercisable at
All other terms and conditions of the Warrants remain unchanged. The Warrant extension is subject to acceptance by the TSX Venture Exchange.
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.
About Delta Resources Limited
Delta Resources is a Canadian mineral exploration company focused on its Delta-1 project in Ontario, Canada, where the Company discovered a large gold deposit 50 km west of Thunder Bay, at surface and adjacent to the Trans-Canada highway. To date, the gold deposit is 2.5 km long, from surface to 300 m depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 m (incl. 14.8 g/t Au over 11.9 m), and 1.79 g/t Au over 128.5 m. The property covers 308 square kilometres where Delta has identified multiple corridors of intense alteration and deformation, on strike with, and to the south of the Eureka gold zone and that has yet to be thoroughly explored.
ON BEHALF OF THE BOARD OF DELTA RESOURCES LIMITED.
Frank Candido
Chairman
www.deltaresources.ca
We seek safe harbor. 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. The TSX Venture Exchange has not approved nor disapproved of the information contained herein.
For Further Information:
Contact Delta Resources Limited
Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.ca
or
Andre Tessier, President and CEO
Tel: 613-328-1581
atessier@deltaresources.ca
Cautionary Note Regarding Forward-Looking Information
Some statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238113
FAQ
How many warrants is Delta Resources (DTARF) extending the exercise period for?
What is the exercise price of Delta Resources' (DTARF) extended warrants?
When is the new expiry date for Delta Resources' (DTARF) warrants?
When were the original Delta Resources (DTARF) warrants issued?
