Affinity Metals Corp. Announces Extension of Warrant Exercise Term
Affinity Metals Corp. (TSXV: AFF) (the "Company") announces that it intends to extend the exercise term of certain outstanding warrants to purchase an aggregate of 2,572,300 common shares of the Company, 625,000 of which are beneficially held by a director of the Company. 1,960,000 of these warrants were originally issued on March 2, 2020 and are exercisable at a price of $0.30/share until March 2, 2022. 612,300 of these warrants were originally issued on March 24, 2020 and are exercisable at a price of $0.30/share until March 24, 2022. The Company proposes to extend the term of the warrants such that they all will now expire on March 24, 2023 at an exercise price of $0.30/share. All other terms of the warrants will remain unchanged.
The proposed amendment to the term of the warrants is subject to approval by the TSX Venture Exchange.
On behalf of the Board of Directors
Robert Edwards CEO and Director of Affinity Metals Corp.