American Pacific Announces Extension of Expiry Date of Warrants
American Pacific Mining (OTCQX: USGDF) has announced a one-year extension for 3,888,849 common share purchase warrants originally issued on August 12, 2021. The warrants' expiration date will be extended from August 12, 2025, to August 12, 2026, while maintaining the exercise price of $0.34 per share.
The extension includes warrants held by a 10% company insider, qualifying as a related party transaction under MI 61-101. The company is utilizing exemptions from formal valuation and minority shareholder approval requirements, as the transaction value is below 25% of the company's market capitalization.
American Pacific Mining (OTCQX: USGDF) ha annunciato un'estensione di un anno per 3.888.849 warrant per l'acquisto di azioni ordinarie originariamente emessi il 12 agosto 2021. La data di scadenza dei warrant sar脿 posticipata dal 12 agosto 2025 al 12 agosto 2026, mantenendo invariato il prezzo di esercizio di 0,34$ per azione.
L'estensione riguarda anche warrant detenuti da un insider che possiede il 10% della societ脿, configurando un'operazione con parti correlate ai sensi del MI 61-101. La societ脿 sta utilizzando le esenzioni dalle valutazioni formali e dall'approvazione degli azionisti di minoranza, poich茅 il valore della transazione 猫 inferiore al 25% della capitalizzazione di mercato della societ脿.
American Pacific Mining (OTCQX: USGDF) ha anunciado una pr贸rroga de un a帽o para 3.888.849 warrants de compra de acciones comunes emitidos originalmente el 12 de agosto de 2021. La fecha de vencimiento de los warrants se extender谩 del 12 de agosto de 2025 al 12 de agosto de 2026, manteniendo el precio de ejercicio de $0,34 por acci贸n.
La extensi贸n incluye warrants en poder de un insider que posee el 10% de la compa帽铆a, calificando como una transacci贸n con partes relacionadas bajo MI 61-101. La empresa est谩 utilizando exenciones de los requisitos formales de valoraci贸n y aprobaci贸n de accionistas minoritarios, dado que el valor de la transacci贸n est谩 por debajo del 25% de la capitalizaci贸n de mercado de la compa帽铆a.
American Pacific Mining (OTCQX: USGDF)電� 2021雲� 8鞗� 12鞚检棎 氚滍枆霅� 3,888,849臧滌潣 氤错喌欤� 毵れ垬 鞗岆煱韸�鞐� 雽�頃� 1雲� 鞐办灔鞚� 氚滍憸頄堨姷雼堧嫟. 鞗岆煱韸� 毵岅赴鞚检潃 2025雲� 8鞗� 12鞚检棎靹� 2026雲� 8鞗� 12鞚�搿� 鞐办灔霅橂┌, 頄夓偓臧�瓴╈潃 欤茧嫻 $0.34搿� 鞙犾霅╇媹雼�.
鞚措矆 鞐办灔鞚� 須岇偓 歆�攵� 10%毳� 氤挫湢頃� 雮措秬鞛愱皜 臧�歆� 鞗岆煱韸鸽弰 韽暔霅橃柎 MI 61-101鞐� 霐半ジ 甏�霠瀽 瓯半灅鞐� 頃措嫻頃╇媹雼�. 瓯半灅 臧�鞎§澊 須岇偓 鞁滉皜齑濎暋鞚� 25% 氙鸽鞚措瘈搿�, 須岇偓電� 瓿奠嫕 韽夑皜 氚� 靻岇暋欤检＜ 鞀轨澑 鞖旉贝 氅挫牅 臁绊暛鞚� 頇滌毄頃橁碃 鞛堨姷雼堧嫟.
American Pacific Mining (OTCQX : USGDF) a annonc茅 une prolongation d'un an pour 3 888 849 bons de souscription d'actions ordinaires initialement 茅mis le 12 ao没t 2021. La date d'expiration des bons sera repouss茅e du 12 ao没t 2025 au 12 ao没t 2026, tout en maintenant le prix d'exercice 脿 0,34 $ par action.
Cette prolongation concerne 茅galement des bons d茅tenus par un initi茅 d茅tenant 10 % de la soci茅t茅, ce qui constitue une transaction avec une partie li茅e selon la norme MI 61-101. La soci茅t茅 b茅n茅ficie d'exemptions des exigences formelles d'茅valuation et d'approbation des actionnaires minoritaires, car la valeur de la transaction est inf茅rieure 脿 25 % de la capitalisation boursi猫re de l'entreprise.
American Pacific Mining (OTCQX: USGDF) hat eine einj盲hrige Verl盲ngerung f眉r 3.888.849 Stammaktien-Kaufoptionen angek眉ndigt, die urspr眉nglich am 12. August 2021 ausgegeben wurden. Das Ablaufdatum der Optionen wird vom 12. August 2025 auf den 12. August 2026 verl盲ngert, wobei der Aus眉bungspreis von 0,34 $ pro Aktie beibehalten wird.
Die Verl盲ngerung umfasst auch Optionen, die ein Insider mit 10% Unternehmensanteil h盲lt, was als Transaktion mit nahestehenden Parteien gem盲脽 MI 61-101 gilt. Das Unternehmen nutzt Ausnahmen von formellen Bewertungs- und Minderheitsaktion盲rszustimmungsanforderungen, da der Transaktionswert unter 25 % der Marktkapitalisierung des Unternehmens liegt.
- Warrant holders gain additional time to exercise their rights
- Company maintains potential future funding source through warrant exercises
- Delayed potential cash inflow from warrant exercises
- Extension benefits include a 10% insider, requiring special transaction considerations
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC) (the "Company") announces that it is extending by one year the expiration date of 3,888,849 common share purchase warrants (the "Warrants") originally issued to the holders on August 12, 2021 pursuant to a private placement.
The Warrants are exercisable into common shares (the "Shares") of the Company at a price of
Certain Warrants that are being extended are held by a
About American Pacific Mining Corp.
American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. The Company has two flagship assets:
On behalf of the American Pacific Mining Corp Board of Directors:
Warwick Smith, CEO & Director
Corporate Office: Suite 910 – 510 Burrard Street
Vancouver, BC, V6C 3A8 Canada
Investor relations contact:
Kristina Pillon, High Tide Consulting Corp.
604.908.1695 / [email protected]
Media relations contact:
Adam Bello, Primoris Group Inc.
416.489.0092 / [email protected]
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
To view the source version of this press release, please visit
FAQ
What is the new expiration date for USGDF's warrants?
How many warrants are affected by USGDF's extension?
What is the exercise price for American Pacific Mining's extended warrants?
Why did American Pacific Mining need MI 61-101 exemptions for the warrant extension?
