Unigold Aims to Extend Share Purchase Warrants

Unigold (TSE:UGD) has released an update.

Unigold Inc. announces its intention to extend the expiry dates of nearly 46 million share purchase warrants until December 31, 2024, retaining the original exercise price of $0.30 per share. These warrants were initially issued across several private placements from 2020 to 2022, with a portion held by insiders. The extension is pending approval from the TSX Venture Exchange and is deemed a related party transaction under specific protection instruments, though it falls within exemption thresholds.

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