Sylla Gold to extend 3.2 million warrants

Executive Summary

• Sylla Gold Corp. proposes to extend the expiry of 3.2 million common share purchase warrants by 12 months, from Jan. 23 2026 to Jan. 23 2027.
• The warrants were issued in a private placement of 3.2 million units at $0.05 per unit that closed on July 23 2024.
• Extension is subject to TSX Venture Exchange approval; notices will be sent to all warrant holders upon receipt of regulatory consent.

Key Details

• Original issuance: 3.2 million warrants issued as part of a private placement of 3.2 million units at $0.05 per unit, closed July 23 2024.
• Current expiry: Jan. 23 2026.
• Proposed amendment: Extend expiry to Jan. 23 2027 (additional 12 months).
• Regulatory requirement: Extension requires approval from the TSX Venture Exchange.
• Implementation: Upon regulatory approval, Sylla Gold will issue notices of the extension to all warrant holders.

Notable Quotes

(No quotes provided in the release.)