Southern Energy Corp press release
Armistice Resources Corp. extends expiry date of Davidson warrants
TSXV - TSX Venture Exchange · Natural Gas · Natural Gas Liquids · Oil · Canada
Issued and Outstanding common shares: 60,130,435
TORONTO, Aug. 15 /CNW/ - Armistice Resources Corp. (TSX: AZ) ("Armistice" or the "Corporation") is pleased to announce that in consideration of the past services of the Davidson Estate, the Board of Directors of the Corporation has decided to extend the term of the 625,000 warrants issued to Susan Davidson that expire on August 18, 2008 for a further term of two years, expiring August 18, 2010 at the current exercise price of $1.00 per common share of Armistice. All of the other warrant terms will remain the same, including the exercise price. The extension will become effective 10 business days following the date of this press release and is subject to approval by the Toronto Stock Exchange. The warrants issued to Susan Davidson will not be exercisable between August 15, 2008 and August 29, 2008.
Armistice is a Canadian exploration company that owns an advanced exploration underground gold project in North-eastern Ontario located on the prolific Larder Lake break. The McGarry project consists of 34 contiguous patented mining claims and licences of occupation totaling 484 hectares which adjoins the former producing Kerr Addison gold mine which produced in excess of 11 million ounces of gold. Underground drilling and bulk sampling is currently underway.
ARMISTICE RESOURCES CORP.
"Todd J. Morgan"
Todd J. Morgan
President, CEO and Chairman of the Board