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An announcement from KAPA Gold Inc ( (TSE:KAPA) ) is now available.
Kapa Gold Inc. has announced the acceleration of the expiry date for certain outstanding common share purchase warrants, initially issued during a private placement in May 2022. This decision follows the company’s shares consistently trading at or above C$0.25 for ten consecutive days. The accelerated expiry date is set for September 10, 2025, and any unexercised warrants by then will become void. The proceeds from exercised warrants will be used for general administrative and working capital purposes, although there is no guarantee that all warrants will be exercised.
More about KAPA Gold Inc
Kapa Gold Inc. is a Canadian exploration company focused on advancing high-potential gold projects in North America. Its flagship project, the Blackhawk Gold Property, is located in California’s historic Blackhawk Mining District, known for gold and silver production. The company is dedicated to responsible mining, sustainable growth, and contributing positively to local communities.
Average Trading Volume: 119,463
Technical Sentiment Signal: Buy
Current Market Cap: C$17.9M
For a thorough assessment of KAPA stock, go to TipRanks’ Stock Analysis page.