Unigold Inc. Proposes Warrant Extension

Unigold Inc (TSE:UGD) has released an update.

Unigold Inc. has announced a proposal to extend the expiry dates of about 24 million share purchase warrants until the end of 2024, with each warrant allowing the holder to acquire one common share at $0.30. The extension is pending approval from the TSX Venture Exchange and includes warrants held by insiders, which are considered related party transactions but meet exemption requirements. Investors are keenly awaiting the outcome of this potentially value-impacting decision.

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