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Article: Apoquindo Minerals Announces Exercise of Warrants at Cdn$0.75.
- Article from:
- Marketwire Canada
- Article date:
- November 9, 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, Nov 9, 2009 (Marketwire via COMTEX) -- Apoquindo Minerals Inc. (TSX VENTURE:AQM)(BVLAC:AQM) is pleased to announce that 1,057,500 warrants were exercised at a price of $0.75 providing the company with proceeds of Cdn$793,125; the remaining 1,598,825 warrants are now exercisable at a price of Cdn$1 and will expire October 31, 2010.
"The exercise of these warrants demonstrates the continued strong shareholder support for the company's projects and management.
The private placement that gave rise to these warrants was done at the bottom of the financial crisis in October 2008 when shareholders chose to support the company.
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