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Share Name | Share Symbol | Market | Type |
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TSXV:EGX | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./
TORONTO, June 6, 2014 /CNW/ - Ecuador Gold & Copper Corp. (TSX-V: EGX) (the "Company"), announces that Aura International Services Ltd. ("Aura") has completed the exercise of 8,333,333 share purchase warrants (the "Warrants") and acquired 8,333,333 common shares of the Company in consideration of paying the Company a total of US$625,000.
The Warrants were issued pursuant to private placements which closed on August 23, 2013 and September 23, 2013 and were exercisable at a price of $0.075.
Aura previously exercised an aggregate of 29,999,998 share purchase warrants of the Company in consideration of paying the Company US$2,375,000, as further described in the Company's news releases filed on SEDAR.
Aura now holds a total of 128,063,587 common shares of the Company, representing approximately 54% of the issued and outstanding shares of the Company on an undiluted basis.
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Ecuador Gold and Copper Corp.
Copyright 2014 Canada NewsWire
1 Year Ecuador Gold and Copper Corp. Chart |
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