BULLETIN V2023-0223
GRANADA GOLD MINE INC. ("GGM")
BULLETIN TYPE: Warrant Price Amendment and Warrant Term Extension
BULLETIN DATE: December 11, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date and the reduction in the exercise price of the following warrants:
Private Placement:
# of Warrants: 2,727,273
Original Expiry Date of Warrants: December 21, 2023
New Expiry Date of Warrants: December 21, 2024
Original Exercise Price of Warrants: $0.15
New Exercise Price of Warrants $0.06
Forced Exercise Provision: If the closing price for the Company's shares is $0.075 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st
These warrants were issued pursuant to a private placement of 5,454,546 flow through shares with 2,727,273 share purchase warrants, which was accepted for filing by the Exchange effective December 29, 2021.
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