Mr. Ronald Loucks reports
NEXGENRX EXTENDS TERM OF WARRANTS
NexgenRx Inc. has successfully made application to the TSX Venture Exchange to extend the term of all outstanding common share purchase warrants granted pursuant to the corporation's private placement, which closed on Oct. 31, 2011, from 36 months to 48 months from the date of issuance, in accordance with exchange policies. The warrants that are the subject of the extension consist of an aggregate of 1.2 million warrants, each with an exercise price of 30 cents per warrant. The foregoing warrants are set to expire on Oct. 31, 2014, and the application that has been submitted to (and approved by) the exchange is to extend the expiry date until Oct. 31, 2015.
We seek Safe Harbor.
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