Unigold (TSE:UGD) has released an update.
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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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