VERTICAL EXPLORATION ANNOUNCES THE EXTENSION OF THE EXPIRY DATE OF CERTAIN COMMON SHARE PURCHASE WARRANTS FOR ONE YEAR – SEPT 13th, 2022
Vertical Exploration Announces The Extension Of The Expiry Date Of Certain Common Share Purchase Warrants For One Year
VANCOUVER, BC / September 13th, 2022 / VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or “the Company”) has agreed to extend the expiry date of certain of its outstanding common share purchase warrants for an additional year. The new expiry date of these warrants will be October 7, 2023. These warrants were issued pursuant to a private placement of 17,651,700 units, which closed on October 7, 2021. For further information on the original issuance of the warrants, please refer to the press releases of the Company dated October 7, 2021.
Warrantholders are advised that replacement warrant certificates will not be issued and that the original warrant certificates must be presented to the company in order to effect the exercise or transfer of such warrants. All other terms and conditions of the warrants remain in full force and effect. The warrant extension remains subject to TSX Venture Exchange acceptance of requisite regulatory filings.
ABOUT VERTICAL EXPLORATION
Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.
ON BEHALF OF THE BOARD
Peter P. Swistak, President/CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Toll Free: 1-888-945-4770
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 STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).