Ethos Capital Corp.

Published : November 25th, 2011

Reports On Exercise Of Warrants

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Keywords :   G Mexico | Gold | Lead | Mexico | Silver | Zinc |
Home    Corporate    Projects    News    Investors    Contact Nov 24, 2011
Ethos Reports On Exercise Of Warrants

Vancouver, BC - November 24, 2011 - Ethos Capital Corp. (the "Company" or "Ethos") (TSX-V: ECC) (OTCQX: ETHOF) (FRANKFURT: 1ET) is pleased to report that all of the 1,854,000 share purchase warrants (the "Warrants") that were issued under the Company's private placement that closed on May 21, 2010, have been exercised by the holders to purchase 1,854,000 common shares of the Company at a price of $0.55 per share, for proceeds to the Company of $1,019,700.

In addition to the amount above, the 235,060 finders' warrants (the "Finders' Warrants") issued under the private placement were exercised to purchase 235,060 common shares of the Company at a price of $0.45 for $105,777, for aggregate gross proceeds to the Company of $1,125,477. The Company anticipates using the proceeds of the Warrant and Finders' Warrant exercises for general corporate purposes.

About Ethos Capital Corp.

Ethos' principal assets are its substantial mineral land positions in the heart of the White Gold/Klondike gold district, as well as its Corrales silver-zinc-lead property in Mexico. Ethos currently has approximately 42 million shares issued and outstanding, and working capital of approximately $14.5 million.

For additional information please contact Gary Freeman or Fred Leigh at 604-682-4750 or visit the company website at www.ethoscapitalcorp.com.

Per:

"Gary Freeman"

Gary Freeman, President & CEO

Forward-Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to, among other things, the proposed use of proceeds from the Warrant and Finders' Warrant exercises. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include, possible, accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

Neither the 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.




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Ethos Capital Corp.

EXPLORATION STAGE
CODE : ECC.V
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Ethos is a exploration company based in Canada.

Its main exploration properties are CORRALES and SANTA TERESA in Mexico.

Ethos is listed in Canada. Its market capitalisation is CA$ 22.7 millions as of today (US$ 18.2 millions, € 16.9 millions).

Its stock quote reached its highest recent level on May 13, 2011 at CA$ 1.44, and its lowest recent point on March 20, 2020 at CA$ 0.08.

Ethos has 47 340 000 shares outstanding.

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Financings of Ethos Capital Corp.
4/14/2011Announces Private Placement of up to $15 Million
Project news of Ethos Capital Corp.
5/23/2012Commences Drilling on the Betty Gold Property, Yukon Territo...
3/20/2012Consolidates Yukon Land Holdings
2/28/2012Board Approves $7.3 Million Yukon Exploration Budget for 201...
1/18/2012Reports Gold Trench Results From The Betty Property, White G...
12/8/2011Identifies Gold Soil Anomaly at Wolf Property, Yukon
8/29/2011Expands "Mascot Creek" Gold Soil Anomaly Area Near the Coffe...
8/9/2011Identifies new "Mascot Creek" Gold Soil Anomaly Area Near th...
6/8/2011Commences Exploration In The White Gold District, Yukon
Corporate news of Ethos Capital Corp.
6/22/2016Ethos Grants 1,340,000 Incentive Stock Options
5/12/2016Ethos Completes Private Placement Financing and Welcomes Cra...
4/20/2016Ethos Gold Corp. Announces Appointment of New Senior Officer...
11/24/2015IIROC Trading Resumption - ECC
11/23/2015Ethos Gold Corp. and Zootly, LLC Terminate Proposed Business...
10/26/2015IIROC Trading Halt - ECC
6/16/2015Ethos Gold Corp. Announces Results of Annual General Meeting
2/1/2013Terminates Option to Purchase the Betty And Wolf Properties,...
9/19/2012Completes Second Phase of Exploration at Betty Project, Whit...
4/4/2012Changes Name To Ethos Gold Corp.
11/25/2011Reports On Exercise Of Warrants
10/6/2011Samples 24.8 g/t Au from Trench, 7.3 g/t Au from Soil within...
10/6/2011Samples 24.8 g/t Au from Trench, 7.3 g/t Au from Soil within...
9/12/2011Samples 16.4 g/t Gold And 10 g/t Silver from Trenching "Masc...
7/25/2011Discovers 2.1 g/t Gold Near the Coffee Fault, Betty Property...
7/12/2011Identifies Gold Anomalies in the Coffee Fault, White Gold Di...
7/6/2011Acquires 20 Kilometers of Claims Along Coffee Fault, White G...
6/6/2011Acquires 1,460 Additional Claims by Staking in the White Gol...
5/10/2011Budgets $6 Million for Yukon White Gold District in 2011
5/5/2011Completes $15 Million Private Placement
3/3/2011Acquires Two Additional Properties in the Emerging White Gol...
11/30/2010Acquires Gold Properties in the emerging White Gold District
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