| 1,872,000 Warrants Exercised at $0.08 for Gross Proceeds of $149,760 | |
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1,872,000 Warrants Exercised at $0.08 for Gross Proceeds of $149,760
Vancouver, December 17, 2014 - Canasil Resources Inc. ("Canasil", TSX-V: CLZ, DB Frankfurt: 3CC) announces that following the TSX Venture Exchange approval to reduce the exercise price of 1,972,000 warrants expiring on December 6 and 31, 2014, and February 17, 2015, from $0.15 to $0.08, a total of 1,872,000 warrants have been exercised for gross proceeds of $149,760. These warrants were issued in connection with a private placement which closed on December 6 and 31, 2013, and February 17, 2014.
About Canasil:
Canasil is a Canadian mineral exploration company with interests in precious and base metal properties in Durango, Sinaloa and Zacatecas States, Mexico, and in British Columbia, Canada. The Company's directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. The Company is actively engaged in the exploration of its mineral properties.
For further information please contact:
Bahman Yamini
President and C.E.O.
Canasil Resources Inc.
Tel: (604) 709-0109
www.canasil.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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Canasil Resources Inc
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DEVELOPMENT STAGE |
CODE : CLZ.V |
ISIN : CA13723D1006 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Canasil Res. is a gold and silver exploration company based in Canada. Canasil Res. develops gold, silver, lead and zinc in Mexico, and holds various exploration projects in Canada and in Mexico. Its main asset in development is MEZQUITAL in Mexico and its main exploration properties are BRENDA, GRANITE and LIL in Canada and SANDRA, COLIBRI DURANGO, LA ESPERANZA and CARINA in Mexico. Canasil Res. is listed in Canada. Its market capitalisation is CA$ 1.5 millions as of today (US$ 1.2 millions, € 1.1 millions). Its stock quote reached its highest recent level on May 11, 2007 at CA$ 0.85, and its lowest recent point on October 12, 2023 at CA$ 0.02. Canasil Res. has 101 900 000 shares outstanding. |