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SNA

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:SNA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Star Reprices Certain Warrants

03/07/2014 1:33pm

Marketwired Canada


Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the "Company")
is pleased to announce that the TSX Venture Exchange (the "Exchange") has
consented to the amendment of the exercise price of common share purchase
warrants issued pursuant to private placements announced November 4, 2009
(10,776,666 warrants, original exercise price $0.20), November 26, 2009
(3,428,333 warrants, original exercise price $0.20), February 27, 2012
(15,200,000 warrants, original exercise price $0.30 ), September 17, 2012
(26,100,000 warrants, original exercise price $0.20) and May 6, 2013 (10,030,000
warrants, original exercise price $0.20) (the " Warrants"). The Warrants will
now entitle the holder thereof to purchase one common share of Star at an
exercise price of $0.12. The current expiry dates of the Warrants have not
changed. 


About Star Navigation: (www.star-navigation.com)

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its
proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the
heart of the STAR-A.D.S.(TM) System. It is the first system in the world to
feature in-flight data-analysis, monitoring and diagnostics with a real-time
connection between aircraft and ground. Its real-time capability of tracking
performance trends and predicting incident-occurrence enhances aviation safety
and improves fleet management while reducing costs for the operator.


Star's MMI Division designs and manufactures high performance mission critical
flight deck, flat panel displays for defence and commercial aviation industries
worldwide. 


Neither 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 the content of this release.


Please visit www.star-navigation.com. 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Star Navigation Systems Group Ltd.
Viraf Kapadia
CEO
(416) 252-2889 Ext. 230
viraf.kapadia@star-navigation.com
www.star-navigation.com


Investor Relations:
Frontier Merchant Capital Group
info@frontiermcg.com


Public Relations & Media interviews:
Hudes Communications International
Nelson Hudes
(905) 660-9155
nelson@hudescommunications.com

1 Year Star Navigation Systems Group Chart

1 Year Star Navigation Systems Group Chart

1 Month Star Navigation Systems Group Chart

1 Month Star Navigation Systems Group Chart