TORONTO, May 07, 2018 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX:ESM) (“Euro Sun” or the “Company”) announces that it has applied to the Toronto Stock Exchange (the “TSX”) to extend the expiry date of the 3,932,425 outstanding common share purchase warrants (“Warrants”) that were originally issued by the Company on May 19, 2016. Each Warrant is currently exercisable to acquire one common share of the Company (a “Common Share”) at a price of $2.18 per Common Share until May 19, 2018; provided that, in the event that the trading price of the Common Shares on the TSX exceeds $2.72 for a period of 20 consecutive trading days, the Company has the right (but not the obligation) to accelerate the expiry date of the Warrants to a date which is not less than 30 days after the date on which the Company gives notice of such accelerated expiry date to the holders of the Warrants.
Euro Sun Announces Extension of Outstanding Warrants
May 08, 2018
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