Canabrava applies for extension of warrant terms
Canabrava Diamond Corp CNB Shares issued 43,883,506 Dec 3 2001 close $.220 Tuesday Dec 4 2001 News Release Mr. Rory Moore reports Canabrava Diamond has made an application to the Canadian Venture Exchange to extend the term of the company's Series A and Series B share purchase warrants for one additional year. If accepted by the exchange, holders of the 2.5 million Series A share purchase warrants and 500,000 Series A agents' warrants will be entitled to purchase one common share at any time up to Dec. 27, 2002, at a price of 50 cents per share and 40 cents per share respectively. In addition, holders of the 375,000 Series B share purchase warrants and 30,000 Series B agent's warrants will then be entitled to purchase one common share at any time up to Dec. 29, 2002, at a price of 50 cents per share. WARNING: The company relies upon litigation protection for "forward-looking" statements. |