TORONTO, May 02, 2018 (GLOBE NEWSWIRE) -- Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD) is pleased to announce that it has extended the exercise period of a total of 16,000,000 outstanding share purchase warrants, (collectively, the “Warrants”). The Warrants were issued pursuant to a private placement of 16,000,000 common shares with 16,000,000 share purchase warrants attached, which was accepted for filing by the TSX Venture Exchange effective May 25, 2016.
The Warrants are due to expire on May 25, 2018 and are exercisable at $0.45 per share. The new expiration date of the Warrants is on May 25, 2019.
The TSX Venture Exchange has provided conditional approval of the Warrant extension.