VANCOUVER, BC, Dec. 5, 2024
/CNW/ - Stuhini Exploration Ltd. ("Stuhini" or the
"Company") (TSXV: STU) announces its intention to
extend the expiry date of previously issued common share purchase
warrants to purchase up to 2,999,999 common shares at an exercise
price of $0.35 per share (the
"Warrants"). The Warrants were issued in connection
with a non-brokered private placement of units (the
"Units"), each Unit comprised of one common share and
one-half of one Warrant. The offering closed in two tranches
on December 20, 2022, and
January 13, 2023, with 1,969,091
Warrants scheduled to expire on December20, 2024, and 1,030,908
Warrants to expire on January 13,
2025, respectively.
If accepted by the TSX Venture Exchange, the Company will extend
the expiry date of the Warrants issued under the December 20, 2022 and January 13, 2023 tranches to December 20, 2026, and January 13, 2027, respectively. All other terms
and conditions of the Warrants will remain unchanged. The extension
of the expiry date in respect of the Warrants is subject to the
acceptance of the TSX Venture Exchange.
About Stuhini Exploration Ltd.
Stuhini is a mineral
exploration company focused on exploration and development of
precious and base metals properties in western Canada and the southwest United States. The Company's portfolio of
exploration properties includes: the flagship Ruby Creek Property,
14 km east of Atlin, BC; the Que
Project, 70 km north of Johnson's Crossing, Yukon; the South Thompson Nickel Project, 35
km northwest of Grand Rapids,
Manitoba; the Big Ledge Property, 57 km south of
Revelstoke, BC; the Red Hills
Project in northeast Nevada; the
Jersey Valley Project in northwest Nevada; and the Lindsay Project in southeast
Arizona.
Neither TSX Venture
Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Stuhini Exploration Ltd.