Cangold Ltd. is extending the expiry date of 2.18 million Series P share purchase warrants that are set to expire on Dec. 20, 2012, to Dec. 20, 2013. These warrants were originally issued on Dec. 21, 2009.
The company is also 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 Aug.
25, 2011, both set to expire on Dec. 31, 2012, to Dec. 31, 2013.
There is no change in the exercise price of any of the warrants, which remains at 20 cents (50 cents for 342,000 P warrants held by insiders).
The expiry date extensions are subject to the approval of the TSX Venture Exchange.