Golden Rapture Mining Announces Expiry of 3,365,000 Share Purchase Warrants and Provides Updated Cap Table
Edmonton, January 02, 2025 - Golden Rapture Mining (CSE: GLDR) is announcing that on December 31, 2024 that an aggregate of 3,365,000 warrants exercisable to purchase the same number of common shares of GLDR at a price of $0.15 have expired and that another 7,457,068 warrants are also set to expire on April 30, 2025. In addition, as a result of the expiration of the warrants outstanding, GLDR is providing the below updated capitalization table on a fully diluted basis.
| Total issued common shares | 25,574,224 | ||
| Series D warrants at a price of $0.25 expiring on April 30, 2025 | 25,000 | ||
| Series E warrants at a price of $0.15 expiring on April 30, 2025 | 7,432,068 | ||
| Series F warrants at a price of $0.20 expiring on March 11, 2026 | 1,000,798 | ||
| Fee warrants at a price of $0.15 expiring on March 11, 2026 | 1,917,590 | ||
| Series G warrants at a price of $0.25 expiring on May 30, 2027 | 642,004 | ||
| Series H warrants at a price of $0.35 expiring on May 30, 2027 | 25,000 | ||
| Stock options at a price of $0.23 expiring on April 03, 2029 | 1,850,000 | ||
| Total issued and outstanding - Fully Diluted | 38,466,684 |
About Golden Rapture Mining
Golden Rapture Mining is a newly listed company that began trading on the CSE on March 12, 2024. The company is a well-funded exploration company engaged in the acquisition, exploration, and development of high-potential assets located in favorable, established Tier 1 mining jurisdictions being the Rainy River area of NW Ontario, Canada.
On behalf of the Board
Richard Rivet, Chief Executive Officer
Email: goldenrapture@outlook.com
Phone: 780-729-5395
For more info please look at our website at https://goldenrapturemining.com
Forward-looking statements include predictions, projections, and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company's planned exploration programs and drill programs and potential significance of results are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company's expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital, and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials, and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events, or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate, and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
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