December 18, 2009 Triple Dragon Resources Inc. Extends Expiry Dates of Warrants
Triple Dragon Resources Inc. (CNSX: TDN) (the "Company") wishes to extend the expiry date of 2,000,000 share purchase warrants that were set to expire December 31, 2009 and January 20, 2010.
The share purchase warrants were originally issued in respect of a private placement of units that was completed in December 2008 and January, 2009. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant was exercisable into one additional common share of the Company at a price of $0.25 per share for a period of one year. The Company wishes to extend the share purchase warrants for a further two years.
The share purchase warrants will now bear an expiry date of December 31, 2011 (as to 1,000,000) and January 20, 2012(as to 1,000,000). The exercise price will remain at $0.25 per share.
On Behalf of the Board of Directors TRIPLE DRAGON RESOURCES INC.
David Hodge
Director
Phone: 604.681.1568
Email:
The CNSX does not accept responsibility for the adequacy or accuracy of this news release.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include the extension of the expiry date of the warrants for a further two year term.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Factors that could cause actual results to differ materially may include: misinterpretation of data; that we may not be able to get equipment or labour as needed; that we may not be able to raise sufficient funds to complete our intended exploration and development; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; market prices may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
You can view the Next News Releases item: Tue May 4, 2010, Triple Dragon Resources Inc. Sells Camlaren Property
You can view the Previous News Releases item: Thu Oct 29, 2009, Triple Dragon Resources Inc. Options Burnt Island Gold Property, Northwest Territories
You can return to the main News Releases page, or press the Back button on your browser.
