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Article: Crown Point Ventures Ltd. Announces Acceleration of the Term of Certain Share Purchase Warrants and Argentinian Wells Update.
- Article from:
- Marketwire Canada
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Oct 28, 2009 (Marketwire via COMTEX) -- Crown Point Ventures Ltd. (the "Company") (TSX VENTURE:CWV) announces that the closing price of its shares has been $0.72 or greater for the ten (10) consecutive trading days ended October 23, 2009. Accordingly, any of the 5,422,500 share purchase warrants issued on December 19, 2006 and February 5, 2007 as part of private placements, which had their exercise prices reduced to $0.60 and their expiry dates extended to February 5, 2010 with the consent of the TSX Venture Exchange and which have not yet been exercised, will now be subject to forced exercise provisions, such that the holders of these warrants ...