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 猫 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 猫 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 trav茅s de una colocaci贸n privada que se cerr贸 el 31 de enero de 2023, son ejercitables a $0,18 por acci贸n ordinaria. La empresa propone extender su fecha de vencimiento a 23 de julio de 2025. Todos los dem谩s t茅rminos y condiciones de los warrants permanecen sin cambios. La extensi贸n de los warrants est谩 pendiente de aprobaci贸n por parte de la TSX Venture Exchange.
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Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) a annonc茅 des plans pour prolonger la p茅riode d'exercice de 2,5 millions de bons de souscription. Ces bons, initialement 茅mis par le biais d'un placement priv茅 qui a pris fin le 31 janvier 2023, sont exer莽ables au prix de 0,18 $ par action ordinaire. La soci茅t茅 propose de prolonger leur date d'expiration au 23 juillet 2025. Tous les autres termes et conditions des bons de souscription restent inchang茅s. La prolongation des bons de souscription est en attente d'approbation de la TSX Venture Exchange.
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) hat Pl盲ne angek眉ndigt, die Laufzeit von 2,5 Millionen Warrants zu verl盲ngern. Diese Warrants, die urspr眉nglich durch eine Privatplatzierung ausgegeben wurden, die am 31. Januar 2023 abgeschlossen wurde, k枚nnen zu einem Preis von $0,18 pro Stammaktie ausge眉bt werden. Das Unternehmen schl盲gt vor, das Ablaufdatum auf 23. Juli 2025 zu verl盲ngern. Alle anderen Bedingungen und Konditionen der Warrants bleiben unver盲ndert. Die Verl盲ngerung 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
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
[email protected]
or
Andre Tessier, President and CEO
Tel: 613-328-1581
[email protected]
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.
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FAQ
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