Alhambra Announces a Further Extension of the Expiry Date of Certain Warrants of Alhambra
09.12.2011 | Marketwired
![Alhambra Announces a Further Extension of the Expiry Date of Certain Warrants of Alhambra](https://www.goldseiten.de/media/goldseiten-news.jpg)
The Corporation requested the further extension to the expiry date to allow it time to obtain the required waiver and approval from the Government of Kazakhstan and the Kazakhstan Ministry of Industry and New Technologies, respectively, for the issuance of the common shares of Alhambra upon exercise of the Warrants. The new Warrant expiry date is the earlier of February 8, 2012 (being 60 days after the amended expiry date of December 9, 2011), or, thirty days after receipt of a waiver of right of first refusal from the Government of Kazakhstan and the receipt of consent of the Kazakhstan Ministry of Industry and New Technologies, in respect of the issuance of common shares upon exercise of Warrants.
Collectively, the Warrant holders hold 2,500,450 Warrants to purchase up to 2,500,450 common shares of the Corporation at a purchase price of $0.45 per Warrant.
ABOUT ALHAMBRA
Alhambra is a Canadian based international exploration and gold production corporation celebrating its eighth year of operations in the Republic of Kazakhstan. Alhambra holds exploration and exploitation rights to a 2.4 million acre (9,800 km2), 100% owned, license called the Uzboy Project, located in the Northern Kazakhstan Metallogenic Province which hosts numerous world-class gold deposits. Over 100 mineral targets, including three advanced exploration plays, are contained within the Uzboy Project.
Alhambra common shares trade in Canada on The TSX Venture Exchange under the symbol ALH, in the United States on the Over-The-Counter Market under the symbol AHBRF and in Germany on the Frankfurt Open Market under the symbol A4Y. The Corporation's website can be accessed at www.alhambraresources.com.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.
Contact Information
Alhambra Resources Ltd.
Ihor P. Wasylkiw, VP & Chief Information Officer
+1 (403) 508-4953
Alhambra Resources Ltd.
Don D. McKechnie, Vice President Finance and CFO
+1 (403) 228-2855
www.alhambraresources.com