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Explor Amends the Expiry Date of the Warrants Issued on December 20, 2010, December 23, 2010, December 30, 2010 and December 31, 2010
Published : December 03, 2012
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Keywords :   Canada | Gold | Market |

ROUYN-NORANDA, CANADA--(Marketwire - Dec. 3, 2012) - Explor Resources Inc. (News - Market indicators)(OTCQX:EXSFF)(FRANKFURT:E1H) announces that its Board of Directors has approved the extension of the expiry date of the 4,786,000 purchase warrants issued on December 20, 2010, for an additional year. The warrants will now expire on December 20, 2013 and their exercise price of $0.70 remains the same. This modification is subject to approval of TSX Venture Exchange.

None of these warrants has been exercised and insiders of the Corporation do not hold any of them.

Explor also announces that its Board of Directors has approved the extension of the expiry date of the 675,000 purchase warrants issued on December 23, 2010, for an additional year. The warrants will now expire on December 23, 2013 and their exercise price of $0.70 remains the same. This modification is subject to approval of TSX Venture Exchange.

None of these warrants has been exercised and insiders of the Corporation do not hold any of them.

Explor also announces that its Board of Directors has approved the extension of the expiry date of the 150,000 purchase warrants issued on December 30, 2010, for an additional year. The warrants will now expire on December 30, 2013 and their exercise price of $0.70 remains the same. This modification is subject to approval of TSX Venture Exchange.

None of these warrants has been exercised and insiders of the Corporation do not hold any of them.

Explor also announces that its Board of Directors has approved the extension of the expiry date of the 300,000 purchase warrants issued on December 31, 2010, for an additional year. The warrants will now expire on December 31, 2013 and their exercise price of $0.70 remains the same. This modification is subject to approval of TSX Venture Exchange.

None of these warrants has been exercised and insiders of the Corporation do not hold any of them.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQX (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H).

This press release was prepared by Explor Resources Inc. Neither the TSX Venture Exchange Inc nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release. 

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Quebec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in Quebec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Company was continued under the laws of Alberta in 1986 and has had its main office in Quebec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The TPW mineral resource includes: indicated: 212,800 ounces of gold (1,371,000 tonnes at 4.83 g/t Au) and inferred: 814,800 ounces of gold (7,122,000 tonnes at 3.56 g/t Au (Press Release dated June 06, 2012).

This document may contain forward-looking statements relating to Explor's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.



Christian Dupont
President
888-997-4630 or 819-797-4630
819-797-6050 (FAX)
www.explorresources.com
or
Investor Relations
Gary Lindsey
Stratastar Marketing Group LLC
720-273-6224
Companies Mentionned : Abitibi | Explor Resources | Noranda | Reliance | X-ore |
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Explor Resources Inc.

EXPLORATION STAGE
CODE : EXS.V
ISIN : CA30215D2086
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Explor Resources is an exploration gold and copper company based in Canada.

Explor Resources holds various exploration projects in Canada.

Its main exploration properties are MONTROSE, DESTOR, EASTFORD LAKE, KIDD TOWNSHIP, SAUVE, GOLDEN HARKER, EAST BAY, OPAWICA, LAUNAY, CARNEGIE, NELLIGAN, TIMMINS PORCUPINE WEST and PG-101 in Canada.

Explor Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 18.5 millions as of today (US$ 14.2 millions, € 12.8 millions).

Its stock quote reached its highest recent level on March 05, 2010 at CA$ 8.10, and its lowest recent point on June 20, 2014 at CA$ 0.03.

Explor Resources has 99 980 000 shares outstanding.

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Financings of Explor Resources Inc.
6/13/2013Closes a Private Placement of $750,000
2/19/2013Closes a Private Placement of $1,600,000
12/31/2012Closes a Private Placement of $100,000
12/3/2012Amends the Expiry Date of the Warrants Issued on December 20...
12/6/2010$ 1,000,000 Private Placement
Option Grants of Explor Resources Inc.
3/13/2013Hires European Investor Relations Firm
1/31/2011Grants Stock Options
12/24/2010Grants 2,200,000 stock options to directors and consultants
1/28/2010Grants 2,650,000 Stock Options at $ 0,92
3/19/2009Grants 3,000,000 options at $ 0,20
4/7/2008(angl) Grants 1,800,000 Stock Options at $ 0,30
2/19/2008Amendment : increase of Stock options plan to 6,759,986
Nominations of Explor Resources Inc.
7/2/2013Appoints Jonathan Challis to the Board of Directors
Project news of Explor Resources Inc.
9/24/2013(Timmins Porcupine West)Intersects 3.23 g/tonne Au Over 6.0 Meters on Timmins Porcup...
5/30/2013Resource Update
4/2/2013(Timmins Porcupine West)Intersects 6.90 g/tonne Au Over 6.5 Meters on Timmins Porcup...
11/19/2012(Timmins Porcupine West)Intersects 7.64 g/tonne Au Over 6.00 Meters on Timmins Porcu...
10/25/2012CORRECTION FROM SOURCE: Explor Resources News Release
10/25/2012(Timmins Porcupine West)Intersects 6.14 g/tonne Au Over 4.50 Meters on Timmins Porcu...
9/26/2012(Timmins Porcupine West)Intersects North Limb of Syncline on Timmins Porcupine West
5/11/2011(Timmins Porcupine West)Intersects 8.12 g/tonne Au Over 15.3 Meters on Timmins Porcu...
3/22/2011(Timmins Porcupine West)Increases Timmins-Porcupine West Property
2/17/2011(Timmins Porcupine West)Intersects 135.04 G/Tonne AU Over 3.1 Meters on Timmins Porc...
2/4/2011(Eastford Lake)Eastford Lake Drill Program Update
1/18/2011(Destor)Starts Diamond Drilling Program on the Destor Gold Property
12/31/2010(Sauve)Acquires Sauve Property
12/30/2010(Golden Harker)Acquires Golden Harker Property
11/23/2010(Timmins Porcupine West)Intersects 11.0 Meters of 9.22 g/tonne Au on Timmins Porcupi...
10/26/2010(East Bay)Increases East Bay Property
10/12/2010(Timmins Porcupine West)Intersects 4.0 Meters of 30.6 g/tonne Au on Timmins Porcupin...
10/5/2010(Timmins Porcupine West)to Begin Phase III Diamond Drilling Timmins Porcupine West P...
9/30/2010(Timmins Porcupine West)Intersects 5.5 Meters of 8.45 g/tonne Au on Timmins Porcupin...
9/15/2010(Timmins Porcupine West)Intersects 11.15 Meters of 5.38 g/Tonne Au on Timmins Porcup...
1/10/2008(Eastford Lake) Begins Phase IV Exploration Program on Eastford Lake
Corporate news of Explor Resources Inc.
1/14/2016Explor Board of Directors Approves the Restatement of Shareh...
1/14/2016Explor Board of Directors Approve Restatement of the Shareho...
12/7/2015Explor Closed a $25,000 private placement
12/7/2015Explor Closes a $25,000 Private Placement
12/1/2015Explor Increase Kidd Township Property
12/1/2015Explor Increases Kidd Township Property
11/20/2015Explor Closes a Private Placement of $551,286
11/4/2015EXPLOR ANNOUNCES START OF DIAMOND DRILL PROGRAM ON TIMMINS P...
11/4/2015Explor Closed a Private Placement of Unsecured Convertible D...
11/4/2015Explor announces a private placement of unsecured convertibl...
11/4/2015Explor Completes Drill Program in Duparquet on East Bay Gold...
11/3/2015Explor Closed a Private Placement of Unsecured Convertible D...
10/28/2015Explor Announces a Private Placement of Unsecured Convertibl...
10/19/2015Explor Announces Start of Diamond Drill Program on Timmins P...
10/6/2015Explor Completes Drill Program in Duparquet on East Bay Gold...
7/22/2015Explor Increases Kidd Township Property
7/2/2015Explor Commences East Bay Exploration Program
6/30/2015Explor Closes A $155,000 Private Placement
6/29/2015Explor Closes A Private Placement Of $300,000
5/11/2015Explor Grants Stock Options
4/21/2015Explor’s Timmins Porcupine West Update
4/21/2015Explor's Timmins Porcupine West Update
3/30/2015ABN Newswire PDAC2015 Video Interviews in Toronto Canada
3/17/2015Explor Increases Kidd Township Property
2/18/2015Explor Adds European Representation To The Board
2/18/2015Explor Adds European Representation to the Board
2/10/2015Explor Announces the Closing of a Private Placement of Unsec...
1/5/2015Explor Closes A Private Placement For An Amount Of CDN $315,...
1/5/2015Explor Closes a Private Placement for an Amount of CDN $315,...
12/29/2014Explor Signs Option Agreement and Private Placement for the ...
12/29/2014IIROC Trading Resumption - EXS
12/29/2014Explor Signs Option Agreement and Private Placement for the ...
12/24/2014IIROC Trading Halt - EXS
12/23/2014Explor Acquires Ogden Claims
12/23/2014Explor Acquires Ogden Claims
12/22/2014Explor Resources Closes Transaction For The Sale Of The Ches...
12/22/2014Explor Resources Closes Transaction for the Sale of the Ches...
11/25/2014Explor Completes an Exploration Program on the Launay Nickel...
11/5/2014Explor Closes A First Tranche Of A Private Placement For An ...
11/5/2014Explor Closes a First Tranche of a Private Placement for an ...
8/8/2014Explor Grants Stock Options
7/14/2014Explor Kidd Township Strategic Property Acquisition
6/20/2014Explor Resources and Brunswick Resources Amend Letter of Int...
5/23/2014Explor Starts an Exploration Program on the Launay Nickel Pr...
12/20/2013News Release
12/18/2013News Release
12/7/2013News Release
11/14/2013News Release
10/22/2013News Release
10/22/2013Annual and Special Meeting
9/24/2013News Release
9/17/2013News Release
8/27/2013News Release
7/10/2013News Release
7/8/2013News Release
7/2/2013News Release
5/24/2013Hires Canadian Investor Relations Firm
5/22/2013News Release
4/16/2013News Release
4/10/2013News Release
4/2/2013News Release
3/15/2013News Release
3/13/2013News Release
2/28/2013News Release
2/28/2013Acquires Chester Copper and VMS Property
2/20/2013News Release
2/19/2013News Release
1/18/2013News Release
12/31/2012News Release
12/21/2012News Release
12/20/2012News Release
11/20/2012News Release
10/25/2012News Release
9/26/2012News Release
7/7/2012Continues With Investor Relations Firm
6/6/2012News Release
5/15/2012News Release
5/1/2012News Release
4/23/2012News Release
4/17/2012News Release
4/5/2012News Release
3/27/2012News Release
3/15/2012News Release
3/13/2012News Release
3/8/2012News Release
2/23/2012News Release
2/14/2012News Release
1/18/2012News Release
12/20/2011News Release
12/9/2011News Release
12/9/2011News Release
12/5/2011Reports Initial NI 43-101 Resource / 127,000 Indicated Au oz...
11/9/2011News Release
10/14/2011News Release
10/13/2011News Release
10/6/2011News Release
10/4/2011News Release
9/23/2011News Release
8/30/2011News Release
8/25/2011News Release
8/17/2011News Release
8/3/2011News Release
5/11/2011News Release
5/3/2011News Release
4/19/2011News Release
1/21/2008Increases East Bay Gold Property
1/9/2008 Acquires Moose Brook Copper Property
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