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Cangold Limited

Published : December 02nd, 2011

CLD - CANGOLD EXTENDS DECEMBER 21, 2009 WARRANTS

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December 02, 2011

Cangold Extends December 21, 2009 Warrants

CANGOLD LIMITED (TSX-V: CLD, the "Company") is amending the terms of the 2,180,000 (following a 1:5 consolidation effective May 27, 2011) non-transferable Series P share purchase warrants (the "Warrants"). The Warrants were originally issued on December 21, 2009 for a one year period and were then extended until December 20, 2011.

Subject to TSX Venture Exchange approval, the expiry date of the warrants will be extended from December 20, 2011 to December 20, 2012; provided that the exercise period will be reduced to 30 calendar days if, for any 10 consecutive trading days during the unexercised term of the Warrant (the "Premium Trading Days"), the closing price of the common shares of the Company is at least $1.00 (post-consolidation). The reduced exercise period of 30 days will begin 7 calendar days after the tenth Premium Trading Day. There is no change in the exercise price, which remains $0.50 (post-consolidation).

For further information, please visit the Company's website at www.cangold.ca or contact Justin Schroenn at telephone 604-638-8967 or BD Capital at telephone 604 685 6465, fax 604 899 4303 or e-mail info@cangold.ca.


ON BEHALF OF THE BOARD

"Kaare G. Foy"

Kaare G. Foy, Executive Chairman
CANGOLD LIMITED

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
  
This email was sent to .com  

Cangold Limited
PRODUCER
CODE : CLD.V
ISIN : CA1375881093
CUSIP : 137588109
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Cangold is a gold exploration company based in Canada.

Cangold holds various exploration projects in Canada and in Mexico.

Its main asset in production is CASUMMIT-ARGOSY in Canada and its main exploration properties are ARGOSY and CASUMMIT LAKE in Canada and PLOMO and LOS VENADOS in Mexico.

Cangold is listed in Canada. Its market capitalisation is CA$ 1.4 millions as of today (US$ 1.1 millions, € 1.0 millions).

Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.01, and its highest recent level on December 17, 2010 at CA$ 0.75.

Cangold has 46 740 000 shares outstanding.
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Financings of Cangold Limited
6/6/2014Increases Non-Brokered Financing
2/24/2014Announces Non-Brokered Financing
8/29/2011Closes $5 Million Private Placement Fully Subscribed
5/30/2011 Cangold Effects Share Consolidation
12/22/2009CLD - CANGOLD CLOSES PRIVATE PLACEMENT OVERSUBSCRIBED
3/26/2008 Closes Over-Subscribed Private Placement
Option Grants of Cangold Limited
5/2/2008 Grants Stock Options
Nominations of Cangold Limited
4/18/2013CLD - Cangold Announces Resignation of Director
6/23/2008Appoints New Director, Announces Resignations
2/22/2008 Appoints Malcolm Burne To Board
Project news of Cangold Limited
9/11/2012CLD - CANGOLD TERMINATES OPTION ON IXHUATAN GOLD-SILVER PROJ...
6/11/2012Advances Metallurgical Program To Pre-Feasibility Level For ...
5/1/2012(Plomo)Commences Field Work At Plomo And Updates Ixhuatan Metallurg...
3/20/2012CLD - CANGOLD COMMENCES METALLURGICAL PROGRAM FOR IXHUATAN G...
1/9/2012CLD - CANGOLD ADVANCES IXHUATAN GOLD-SILVER PROJECT AND PROV...
6/13/2011CLD - Cangold Provides Update on Option of Ixhuatan Gold Pro...
6/25/2009(Argosy)Acquires 100% of Argosy Gold Mine
9/9/2008(Plomo)CLD - Cangold Reports On Phase I Drilling Program At Plomo
4/14/2008(Plomo) Identifies New Gold Zones And Commences Phase I Drilling Pr...
1/24/2008(Plomo) Samples Up To 298.0G/T Gold On Plomo Project
12/12/2007(Los Venados) Discovers Gold Zone At Los Venados
Corporate news of Cangold Limited
4/14/2015Cangold Announces Issuance of Bonus Shares
4/13/2015Cangold and Great Panther Silver Execute Definitive Arrangem...
4/13/2015Great Panther And Cangold Execute Definitive Arrangement Agr...
3/26/2015Announces Issuance of Bonus Shares
3/26/2015Cangold Announces Issuance of Bonus Shares
2/26/2015Cangold to Be Acquired by Great Panther Silver
1/15/2015Cangold Receives Option Payment Extension for the Guadalupe ...
1/15/2015Receives Option Payment Extension for the Guadalupe de los R...
12/8/2014Cangold Extends Warrants
11/18/2014Cangold Finalizes Surface Sampling of Gold-Silver Structures...
9/9/2014Cangold Reports High Grade Gold-Silver from Initial Surface ...
7/30/2014Cangold Commences Surface Work Program on Guadalupe de los R...
7/23/2014Cangold Receives Exchange Approval on Option to Acquire Mexi...
6/13/2014Cangold Closes Private Placement Oversubscribed
6/5/2014Cangold Increases Non-Brokered Financing
4/23/2014Cangold Re-Prices Non-Brokered Financing
4/22/2014Cangold Re-Prices Non-Brokered Financing
4/15/2014Cangold Signs Formal Option Agreement for Guadalupe De Los R...
1/22/2014Re-Engages Investor Relations Consultants; Grants Stock ...
12/3/2013CLD - CANGOLD EXTENDS WARRANTS
11/7/2013CLD - Cangold Adopts Advance Notice Policy
10/30/2012(Plomo)CLD - Cangold Discovers Four New Gold Zones At Plomo
10/30/2012(Plomo)Discovers Four New Gold Zones at Plomo
7/3/2012CLD - CANGOLD FURTHER AMENDS WARRANTS
6/21/2012Extends and Re-Prices Warrants
12/2/2011CLD - CANGOLD EXTENDS DECEMBER 21, 2009 WARRANTS
4/26/2011CLD - CANGOLD TO OPTION ADVANCED STAGE GOLD PROJECT IN MEXIC...
4/26/2011to Option Advanced Stage Gold Project in Mexico; Announces S...
11/26/2009CLD - CANGOLD ANNOUNCES $450,000 FINANCING
3/6/2009AMENDS WARRANT TERMS
2/17/2009CLD - CANGOLD ANNOUNCES $300=2C000 FINANCING
1/30/2008 Announces $1,008,000 Financing
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