Mr. Stephen Swatton reports
K2 RECEIVES APPROVAL TO EXTEND WARRANTS
K2 Gold Corp. has received approval from the TSX Venture Exchange to extend to Oct. 27, 2018, the term of four million common share purchase warrants originally set to expire on April 27, 2018.
The warrants were originally issued pursuant to a private placement of units completed by the company in October, 2016. The exercise price of the warrants will remain at 35 cents, and the warrants will continue to remain subject to acceleration in the event that the common shares of the company close at or above 50 cents per share for more than 10 consecutive trading days.
The amendment extends the expiry date of the warrants to Oct. 27, 2018. In accordance with TSX-V policies, the expiry date of the finder warrants issued in connection with the 2016 private placement will not be extended.
About K2 Gold Corp.
K2 Gold is a junior mineral exploration company focused on building a portfolio of gold exploration projects in Yukon, including the Wels property located approximately 185 kilometres south of Dawson City. In addition to Wels the company is conducting exploration at the Flume, Storck and Ladue properties in the South Klondike district north of Wels. The company has assembled an experienced management team and board of directors with a record of discovery success.
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