Ecuador Gold and Copper Corp. Announces Exercise of Warrants
![Ecuador Gold and Copper Corp. Announces Exercise of Warrants](https://www.minenportal.de/media/goldseiten-news.jpg)
The Company announces that Aura has completed the exercise of 6,666,666 Warrants and has paid the Company a total purchase price of US$500,000. Previously, Aura exercised an aggregate of 16,666,666 warrants for total gross proceeds to the Company of US$1,250,000 in December 2013 and January 2014, as further described in the Company's news releases dated December 16, 2013 and January 15, 2014.
Aura now holds a total of 113,063,588 common shares of the Company, representing approximately 50.9% of the issued and outstanding shares of the Company on an undiluted basis.
Cautionary Note
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.
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./
SOURCE Ecuador Gold and Copper Corp.
For further information:
Ecuador Gold & Copper Corp.
Glenn Laing, President and Chief Executive Officer
Telephone: (647) 865-3101
Email: glaing@ecuadorgoldandcopper.com