Val d’Or, Quebec, Canada / TheNewswire / January 10, 2018 – Knick Exploration Inc. (TSXV: KNX) ("Knick") is pleased to announce that it is proposing to extend the expiry date of 10,000,000 outstanding common share purchase warrants (the "Warrants"). The Warrants were issued on August 23 and September 15, 2016 pursuant to a private placement of Units. No Warrants have been exercised to date.
Each Warrant entitles its holder to purchase one common share (a "Share") at a price of $ 0.05 per Share until February 23, 2018 (for 6,000,000 Warrants) and March 15, 2018 (for 4,000,000 Warrants). Subject to TSX Venture Exchange approval, the expiry date of the Warrants will be extended to February 23, 2020 and March 15, 2020, respectively. All other terms of the Warrants will remain unchanged and in full force and effect.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
FOR MORE INFORMATION, CONTACT:
Jacques Brunelle Gordon N. Henriksen
President & CEO Vice President
Knick Exploration Inc. Knick Exploration Inc.
Val-d’Or, Quebec Val-d’Or, Quebec
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