Key points
- Afri-Can Marine Minerals Corp. passed a resolution dated Oct. 26, 2006, authorizing an extension of its share purchase warrants.
- The 3.75 million warrants, originally set to expire Nov. 12, 2006, now expire Feb. 12, 2007.
- The warrants carry an exercise price of 15 cents.
- No warrants had been exercised as of the release date, and the extension remains subject to regulatory approval.
Afri-Can Marine Minerals Corp., by a resolution dated Oct. 26, 2006, has authorized the extension until Feb. 12, 2007, of the expiry date of the 3.75 million share purchase warrants set to expire on Nov. 12, 2006, with an exercise price of 15 cents.
As of today, no share purchase warrants have been exercised.
The extension is subject to the approval of regulatory authorities.
