June 17, 2020 – Vancouver, Canada – Canada One Mining Corp. (the “Company” or “ Canada One”) (TSXV: CONE) announces that  it will extend the term of warrants issued in a Unit Private Placement completed on July 4, 2017.

Each Unit consisted of one common share and one full warrant. The warrants had a term of three years with an expiry date of July 4, 2020. One full warrant is exercisable to acquire one common share at $0.15 per share. The Company originally issued 15,400,000 warrants in connection with the private placement, and 1,318,793 of those warrants have been exercised to date.

The Company will extend the term of the remaining 14,080,207 warrants by 2 years to expire on July 4, 2022.  All other terms of the warrants will remain the same.

Completion of the extension of the warrants remains subject to the approval of the TSX Venture Exchange.

On behalf of the Board of Directors,

Peter D. Berdusco
President and CEO

For further information, contact the company at:

This email address is being protected from spambots. You need JavaScript enabled to view it.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Stay Informed

Sign up to receive our latest news releases from the Canada One Mining Corp. team.