ESGold Corp. press release
Jantar Proposes To Amend Terms Of Share Purchase Warrants
CSE - Canadian National Stock Exchange · Gold · Silver · Mica · Canada
May 22, 2009 (Baystreet.ca) --
Vancouver, B.C -- Jantar Resources Ltd. (TSX-V: JR) (“Jantar” or “the Company”) announces that it will make application to the TSX Venture Exchange for the repricing of up to 3,000,000 share purchase warrants originally issued in connection with a non-brokered private placement first announced on June 16, 2008 and closed on July 7, 2008. The original terms specified that each whole warrant was exercisable into one common share at a price of $0.30 per share expiring on July 7, 2009. The Company will amend the warrant exercise price from $0.30 per share to $0.20 per share and amend the expiry date from July 7, 2009 to July 7, 2011. There are no other proposed changes to these warrants.
The transaction is subject to acceptance by the TSX Venture Exchange.
On behalf of the Board of Directors
JANTAR RESOURCES LTD.
“Tony Ricci ”
Tony Ricci President & CEO
For more information contact the Company at:
Telephone: (604) 669-9788 Facsimile: (604) 669-9768
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the content of this news release. We seek Safe Harbor.