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04:50:43 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Mountainstar Gold Inc
Symbol MSX
Shares Issued 60,415,928
Close 2014-09-05 C$ 0.06
Market Cap C$ 3,624,956
Recent Sedar Documents

Mountainstar Gold extends warrant expiry by one year

2014-10-22 19:52 ET - News Release

Finlayson Subject: Mountainstar - News Release Please issue the news release which is both attached hereto and embedded below: MOUNTAINSTAR GOLD INC. Suite 1500, PO Box 10127 701 West Georgia Street Vancouver, BC V7Y 1C6 October 22, 2014 AMENDMENT OF CERTAIN OUTSTANDING WARRANTS Mountainstar Gold Inc. (MSX-CSE) ("Mountainstar") announces that is has amended the terms of certain outstanding share purchase warrants. On October 23, 2012 Mountainstar closed the first tranche of a private placement which was initially announced on October 16, 2012 and issued 429,000 units at the price of $0.25 per unit to various private placees. Each unit issued to the private placees was comprised of one share and one share purchase warrant. The exercise price of the share purchase warrants issued to the private placees was $0.52 per share for a period of two years ending October 23, 2014. Thus, the current exercise price of those warrants is $0.52. The closing trading price on October 23, 2012, being the date of the closing of the first tranche of the private placement, was $0.20 and the trading price on the trading day immediately prior to the closing of the first tranche of the private placement, that is, October 22, 2012, was $0.24. The last closing price prior to the date of this news release was $0.06 which was the closing price on September 9, 2014. The first tranche of the private placement which closed on October 23, 2012 did not involve any insiders. The term of all of the warrants issued to the private placees in the first tranche has been extended one year with the result that the warrants described above in the first tranche and issued to the private placees will now expire on October 23, 2015. For further certainty, the exercise price of the warrants has not been reduced. All other terms of the above described share purchase warrants remain unaltered. On behalf of the Board of Directors, "Brent Johnson" Brent Johnson, President & CEO For further information, please contact Mr. Steve Holt, Director of Mountainstar Gold Inc. at steveholt@telus.net Alan Finlayson Northwest Law Group Suite 704-595 Howe Street Box 35 Vancouver, BC, Canada V6C 2T5 604-687-5792 Reception 604-787-6910 Cell 604-687-6650 Fax alan_finlayson@telus.net This e-mail message (including attachments, if any) is confidential and is intended only for the addressee. Any unauthorized use or disclosure is strictly prohibited. Disclosure of this e-mail to anyone other than the intended addressee does not constitute waiver of privilege. If you have received this communication in error, please notify us immediately and delete this. Thank you for your cooperation.

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