DLP Resources to Extend Warrants
DLP Resources (OTCQB: DLPRF) has announced plans to extend the term of 6,622,250 common share purchase warrants that were originally issued during a private placement in late 2023. The warrants, currently exercisable at $0.54, will have their expiration dates extended by one year, subject to TSX Venture Exchange approval.
The new expiration dates will be September 28, 2026 for the first tranche and November 1, 2026 for the second tranche, while all other warrant terms will remain unchanged.
DLP Resources (OTCQB: DLPRF) ha annunciato l'intenzione di prorogare la scadenza di 6.622.250 warrant per l'acquisto di azioni ordinarie emessi originariamente durante un collocamento privato alla fine del 2023. I warrant, esercitabili attualmente a 0,54 $, vedranno la loro data di scadenza posticipata di un anno, previa approvazione della TSX Venture Exchange.
Le nuove date di scadenza saranno il 28 settembre 2026 per la prima tranche e il 1掳 novembre 2026 per la seconda tranche, mentre tutte le altre condizioni dei warrant resteranno invariate.
DLP Resources (OTCQB: DLPRF) ha anunciado planes para extender el plazo de 6.622.250 warrants para la compra de acciones comunes que fueron emitidos originalmente durante una colocaci贸n privada a finales de 2023. Los warrants, actualmente ejercibles a $0.54, tendr谩n sus fechas de vencimiento extendidas por un a帽o, sujeto a la aprobaci贸n de la Bolsa de Valores TSX Venture.
Las nuevas fechas de vencimiento ser谩n el 28 de septiembre de 2026 para el primer tramo y el 1 de noviembre de 2026 para el segundo tramo, mientras que todos los dem谩s t茅rminos de los warrants permanecer谩n sin cambios.
DLP Resources (OTCQB: DLPRF)電� 2023雲� 毵愳棎 靷搿� 氚滍枆霅� 6,622,250欤� 氤错喌欤� 毵れ垬 鞗岆煱韸�鞚� 毵岅赴 鞐办灔 瓿勴殟鞚� 氚滍憸頄堨姷雼堧嫟. 順勳灛 $0.54鞚� 頄夓偓臧�瓴╈溂搿� 頄夓偓 臧�電ロ暅 鞚� 鞗岆煱韸鸽姅 TSX 氩れ矘 瓯半灅靻岇潣 鞀轨澑鞐� 霐半澕 毵岅赴鞚检澊 1雲� 鞐办灔霅� 鞓堨爼鞛呺媹雼�.
靸� 毵岅赴鞚检潃 觳� 氩堨Ц 韸鸽灉旃橁皜 2026雲� 9鞗� 28鞚�, 霊� 氩堨Ц 韸鸽灉旃橁皜 2026雲� 11鞗� 1鞚�鞚措┌, 旮绊儉 鞗岆煱韸� 臁瓣贝鞚� 氤�瓴诫悩歆� 鞎婌姷雼堧嫟.
DLP Resources (OTCQB : DLPRF) a annonc茅 son intention de prolonger la dur茅e de 6 622 250 bons de souscription d'actions ordinaires initialement 茅mis lors d'un placement priv茅 fin 2023. Ces bons, exer莽ables actuellement 脿 0,54 $, verront leur date d'expiration repouss茅e d'un an, sous r茅serve de l'approbation de la TSX Venture Exchange.
Les nouvelles dates d'expiration seront le 28 septembre 2026 pour la premi猫re tranche et le 1er novembre 2026 pour la deuxi猫me tranche, tandis que toutes les autres conditions des bons resteront inchang茅es.
DLP Resources (OTCQB: DLPRF) hat Pl盲ne angek眉ndigt, die Laufzeit von 6.622.250 Kaufoptionen auf Stammaktien zu verl盲ngern, die urspr眉nglich Ende 2023 bei einer Privatplatzierung ausgegeben wurden. Die Optionen, die derzeit zu 0,54 $ ausge眉bt werden k枚nnen, sollen um ein Jahr verl盲ngert werden, vorbehaltlich der Genehmigung durch die TSX Venture Exchange.
Die neuen Ablaufdaten sind der 28. September 2026 f眉r die erste Tranche und der 1. November 2026 f眉r die zweite Tranche, w盲hrend alle anderen Bedingungen der Optionen unver盲ndert bleiben.
- None.
- Potential future dilution if warrants are exercised
Cranbrook, British Columbia--(Newsfile Corp. - August 5, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces that it intends to extend the term of an aggregate of 6,622,250 common share purchase warrants (the "Warrants") issued as part of the Company's private placement that closed in two tranches on September 28, 2023 and November 1, 2023. The Warrants are exercisable at a price of
Subject to the approval of the TSX Venture Exchange (the "Exchange"), the term of the Warrants will be extended to September 28, 2026 and November 1, 2026, respectively. All other terms of the Warrants will remain the same.
About DLP Resources Inc.
DLP Resources Inc. is a mineral exploration company operating in Peru and Southeastern British Columbia exploring for Base Metals and Cobalt. DLP is listed on the TSX-V, trading symbol DLP and on the OTCQB, trading symbol DLPRF. Please refer to our web site for additional information.
FOR FURTHER INFORMATION PLEASE CONTACT:
DLP RESOURCES INC.
Ian Gendall, President and Chief Executive Officer
Derek White, Chairman
Jim Stypula, Lead Director
Robin Sudo, Corporate Secretary and Land Manager
Telephone: 250-426-7808
Email: [email protected]
Email: [email protected]
Email: [email protected]
Email: [email protected]
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.
Cautionary Statements regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the proposed extension of the Warrants.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market uncertainty and the risk that the Exchange will not approve the extension of the Warrants.
In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive approval from the Exchange to extend the Warrants.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
To view the source version of this press release, please visit
FAQ
What is the new expiration date for DLP Resources (DLPRF) warrants?
How many warrants are affected by DLP Resources' (DLPRF) extension?
What is the exercise price of DLP Resources' (DLPRF) warrants?
When were the original DLP Resources (DLPRF) warrants issued?
