AuEx Ventures, Inc.: Expiry Dates of Warrants Accelerated
28.09.2010 | Marketwire
VANCOUVER, 09/28/10 - AuEx Ventures, Inc. (TSX: XAU) ('AuEx' or the 'Company') has exercised its right to accelerate the expiry dates of its outstanding warrants.The Company has 13,250 common share purchase warrants (the 'Certificated Warrants') issued on March 11, 2009. On September 24, 2010, the Company gave notice to the holders of the Certificated Warrants accelerating the expiry date of those warrants to October 25, 2010. As a result, each Certificated Warrant entitles the holder to acquire one common share of AuEx at a price of C$3.25 on or before October 25, 2010.
The Company has 629,500 common share purchase warrants (the 'Indentured Warrants') governed by purchase warrant indenture between AuEx and Computershare Trust Company of Canada dated June 16, 2009, as amended by a supplemental indenture dated June 15, 2010. On September 24, 2010, the Company gave notice to the holders of the Indentured Warrants accelerating the expiry date of those warrants to October 25, 2010. As a result, each Indentured Warrant entitles the holder to acquire one common share of AuEx at a price of C$3.30 on or before 1:30 p.m. (Vancouver time) on October 25, 2010.
AuEx Ventures, Inc.
Richard L. Bedell
Executive Vice President
Contacts:
AuEx Ventures, Inc.
Richard L. Bedell
775-337-1545
rbedell@auex.com