Cangold is extending the expiry date of 2,596,000 Series Q share purchase warrants originally issued on July 13, 2011 and 2,404,000 Series R share purchase warrants originally issued on August 25, 2011, both set to expire on December 31, 2014, to December 31, 2015. There is no change in the exercise price of any of the Series Q and R Warrants, which remains at $0.20.