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Finlay Minerals Ltd. Amends Warrants
Published : December 07, 2012
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Keywords :   Copper | Gold | Market | Molybdenum | Silver |

Finlay Minerals Ltd. Amends Warrants

VANCOUVER, Dec. 7, 2012 /CNW/ - Finlay Minerals Ltd. (TSXV:FYL) (the "Company") reports on its decision to proceed with an amendment to the term of 1,930,899 warrants from its private placement completed on December 31, 2010.  These 1,930,899 warrants, at an exercise price of $0.45 and expiring on December 30, 2012, will have their term extended from 24 months to 48 months; the new expiry date of these warrants will be December 30, 2014. No amendment to the exercise price will be made to any of these warrants and all warrant amendments are subject to regulatory acceptance.

About Finlay Minerals Ltd.

Finlay Minerals is a TSX Venture Exchange company focused on exploration for base and precious metal deposits in northern British Columbia. The company's flagship property, Silver Hope, includes porphyry copper-molybdenum mineralization discovered in 2010, along with three silver-copper mineralized zones in a contiguous trend with the mined out deposits of the former Equity Silver Mines (71 million oz. silver, 185 million lbs. copper and 508,000 oz. gold).

On behalf of the Board of Directors,

Robert F. Brown, P. Eng.
President & CEO

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.

Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling and other activities and events or developments that Finlay Minerals Ltd. ("Finlay") expects to occur, are forward-looking statements. Forward-looking statements in this news release include statements regarding the placements and future exploration plans and expenditures. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals for the transactions described herein, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

SOURCE: Finlay Minerals Ltd.

For further information:

Corporate Information 
Finlay Minerals Ltd. 
John Barakso, Chairman of the Board 
Tel: 604-684-3099

Investor Inquiries 
Pointer IR
Justin Schroenn
Tel: 604-780-1371

Companies Mentionned : Aura Minerals | Finlay Minerals | Silver Mines |
Data and Statistics for these countries :
Gold and Silver Prices for these countries :

Finlay Minerals Ltd.

ISIN : CA3178891030
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Finlay Minerals is an exploration silver and gold company based in Canada.

Finlay Minerals holds various exploration projects in Canada.

Its main exploration properties are TOODOGGONE, PIL and ATTY ATLAS in Canada.

Finlay Minerals is listed in Canada. Its market capitalisation is CA$ 3.5 millions as of today (US$ 2.7 millions, € 2.4 millions).

Its stock quote reached its lowest recent point on January 02, 2009 at CA$ 0.01, and its highest recent level on October 29, 2010 at CA$ 0.83.

Finlay Minerals has 62 920 000 shares outstanding.

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Financings of Finlay Minerals Ltd.
4/3/2014Announces a Non-brokered Financing
5/21/2013Announces Financings
12/7/2012Amends Warrants
9/14/2012amends warrants
Project news of Finlay Minerals Ltd.
11/6/2014Finlay Minerals Ltd. announces drilling on the Silver Hope
9/27/2011(Silver Hope)Finlay Minerals News Release: Finlay Minerals Continues To E...
10/25/2010(Silver Hope)- Announcing the Discovery of Porphyry related Copper-Molybd...
10/25/2010(Silver Hope)- Announcing the Discovery of Porphyry related Copper-Molybd...
Corporate news of Finlay Minerals Ltd.
2/26/2015Finlay Minerals Ltd. Continues to Expand The Copper-Silver-G...
10/8/2014Finlay Minerals Ltd. announces the closing of fully subscrib...
9/23/2014(Silver Hope)announces a $225,000 non-brokered financing to drill the Sil...
9/23/2014Finlay Minerals Ltd. announces a $225,000 non-brokered finan...
6/12/2014Finlay Minerals Ltd. announces closing of financing
4/3/2014Finlay Minerals Ltd. Announces a Non-brokered Financing
8/28/2013(Silver Hope)begins 2013 Silver Hope exploration program and advises of i...
6/17/2013Announces Closing of Over Subscribed Financings
12/13/2012Amends Additional Warrants
12/13/2012for dissemination
11/28/2012(Silver Hope)on Silver Hope Exploration Targets
3/29/2012News Release
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