Canada Strategic Metals Inc.: Request for Extension of the Maturity of the Warrants
September 2, 2014 (Source: Marketwired) — Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) announces that, subject to required approvals from regulatory authorities, the Company will extend until November 10, 2015 the expiration date of warrants issued in respect of a private placement which closed on November 8, 2012.
The private placement of November 8, 2012 represented 2,050,000 units at a price of $0.055 per unit, for a total amount of $112,750, each unit consisting of:
- One common share and one non-transferable share purchase warrant (the “Warrant”), each Warrant entitling the holder to purchase one additional common share of the Company at a price of $0.10 per share until November 8, 2014.
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No warrants have been exercised. No insider holds a participation in such financing.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
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.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>