tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Gold Runner Exploration Adjusts Warrant Terms in Debt Settlement

Story Highlights
  • Gold Runner Exploration focuses on gold and silver properties in Canada and the USA.
  • The company increased warrant exercise price to $0.50, aligning with regulatory exemptions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gold Runner Exploration Adjusts Warrant Terms in Debt Settlement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Crestview Exploration ( (TSE:GRUN) ) has issued an update.

Gold Runner Exploration Inc. has amended the terms of warrants issued under a shares-for-debt arrangement, increasing the exercise price to $0.50 per common share, exercisable for three years. This move, involving related party transactions, aligns with regulatory exemptions and does not introduce new insiders or control persons, potentially strengthening the company’s financial position without altering its market capitalization significantly.

More about Crestview Exploration

Gold Runner Exploration Inc. is an experienced exploration company focused on developing its portfolio of gold and silver properties in prolific mining districts across Canada and the USA. Its flagship asset is the Rock Creek gold project, complemented by the Dry Creek and Falcon silver-gold prospects, totaling 239 claims. The company also holds a 10% interest in the Cimarron project in Nevada’s Walker-Lane trend.

Average Trading Volume: 16,583

Technical Sentiment Signal: Sell

Current Market Cap: C$755.5K

For detailed information about GRUN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1