Shoal Point Energy Correction to Warrant Extension
Shoal Point Energy Correction to Warrant Extension
Vancouver, British Columbia--(Newsfile Corp. - July 19, 2022) - Pursuant to a previously announced news release dated July 8, 2022 Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that the Company has applied to the Canadian Securities Exchange ("the CSE") for an amendment to 6,728,125 warrants (the "Warrants") issued in connection with the Company's private placement that closed on August 7, 2019.
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2022年7月19日)-根据之前宣布的日期为2022年7月8日的新闻稿，Shoal Point Energy Ltd.(CSE：SHP)今天宣布，本公司已向加拿大证券交易所(“联交所”)申请修订与本公司于2019年8月7日截止的定向增发有关而发行的6,728,125份认股权证(“认股权证”)。
The Company proposes to extend the expiry date of the Warrants from August 7, 2022 to August 7, 2024 and amend the price from $0.15 to $0.06.
公司建议将认股权证的到期日由2022年8月7日延长至2024年8月7日，并将价格由0.15美元修订为0.06美元。
The warrants are subject to an accelerated expiry provision whereas in the event the market price of the shares is above $0.075 for a ten day trading period, the expiry date of the warrants will be accelerated to 30 days. The 30 day period will commence 7 days following the end of the ten day trading period.
该等认股权证须受加速到期条款规限，而倘若该等股份的市价在10天的交易期内高于0.075元，则认股权证的到期日将会加快至30天。30日期间将在10日交易期结束后7天开始。
Approximately 10% of the warrants are held by insiders.
约10%的权证由内部人士持有。
The extension of the warrants is subject to the approval of the Exchange.
认股权证的延期须经联交所批准。
About Shoal Point Energy Ltd.
关于Shoal Point Energy Ltd.
Shoal Point Energy Ltd. is a public company listed on the CSE exchange under the symbol "SHP". The company is focused on its Mount Evans project in Kansas and retains its oil and gas interests in the Humber Arm Allochthon play in western Newfoundland.
Shoal Point Energy Ltd.是一家在CSE交易所上市的上市公司，代码为“SHP”。该公司专注于堪萨斯州的芒特埃文斯项目，并保留其在纽芬兰西部Humber Arm Alallchthon Play的油气权益。
For further information, please contact:
Mr. Mark Jarvis, Chief Executive Officer
Tel - 416-637-2181 extension 310
如需更多信息，请联系：
首席执行官马克·贾维斯先生
电话：416-637-2181内线310
The Canadian Securities Exchange (CSE) has neither approved nor disapproved the contents of this news release.
加拿大证券交易所(CSE)既没有批准也没有反对本新闻稿的内容。
To view the source version of this press release, please visit
要查看本新闻稿的源版本，请访问