The latest update is out from Highway 50 Gold ( (TSE:HWY) ).
Highway 50 Gold Corp. has announced its intention to extend the term of 1,249,284 outstanding common share purchase warrants by one year, moving the expiration to May 16, 2026. This extension, which involves warrants held by insiders, is considered a ‘related party transaction’ but is exempt from certain regulatory requirements due to its limited impact on the company’s market capitalization. The proposed amendment is pending acceptance from the TSX Venture Exchange.
More about Highway 50 Gold
Highway 50 Gold Corp. is a mineral exploration stage company focused on projects in Nevada. The company is led by experienced explorers and mine finders, utilizing over 35 years of experience to refine their exploration plans based on breakthroughs in understanding north-central Nevada’s crustal architecture.
YTD Price Performance: 15.38%
Average Trading Volume: 30,547
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$7.01M
Learn more about HWY stock on TipRanks’ Stock Analysis page.