Mr. Thomas Kennedy reports
RIFT VALLEY RESOURCES ANNOUNCES WARRANT EXTENSION
Subject to regulatory approval, Rift Valley Resources Corp. intends to extend the expiration date of a total of 11,174,041 warrants originally issued by the company on Nov. 29, 2018, May 3, 2021, July 19, 2021, and Oct. 8, 2021, pursuant to non-brokered private placements.
The company wishes to extend the expiry date of 837,400 warrants from May 29, 2023, to Nov. 29, 2023, 3,658,337 warrants from May 3, 2023, to Nov. 3, 2024, 3,821,161 warrants from July 19, 2023, to Jan. 19, 2025, and 2,857,143 warrants from Oct. 8, 2023, to April 8, 2025.
The warrants are exercisable into common shares of the company at a price of 15 cents per common share. All other terms and conditions of the warrants, including the exercise price, remain the same.
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