Shoal Point Energy Correction to Warrant Extension
Shoal Point Energy Correction to Warrant Extension
Approximately 10% of the warrants are held by insiders.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.
温哥華，不列顛哥倫比亞省-(Newsfile Corp.-2022年7月19日)-根據之前宣佈的日期為2022年7月8日的新聞稿，Shoal Point Energy Ltd.(CSE：SHP)今天宣佈，本公司已向加拿大證券交易所(“聯交所”)申請修訂與本公司於2019年8月7日截止的定向增發有關而發行的6,728,125份認股權證(“認股權證”)。
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.
公司建議將認股權證的到期日由2022年8月7日延長至2024年8月7日，並將價格由0.15美元修訂為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.
該等認股權證須受加速到期條款規限，而倘若該等股份的市價在10天的交易期內高於0.075元，則認股權證的到期日將會加快至30天。30日期間將在10日交易期結束後7天開始。
Approximately 10% of the warrants are held by insiders.
約10%的權證由內部人士持有。
The extension of the warrants is subject to the approval of the Exchange.
認股權證的延期須經聯交所批准。
About Shoal Point Energy Ltd.
關於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，代碼為“SHP”。該公司專注於堪薩斯州的芒特埃文斯項目，並保留其在紐芬蘭西部Humber Arm Alallchthon Play的油氣權益。
For further information, please contact:
Mr. Mark Jarvis, Chief Executive Officer
Tel - 416-637-2181 extension 310
如需更多信息，請聯繫：
首席執行官馬克·賈維斯先生
電話：416-637-2181內線310
The Canadian Securities Exchange (CSE) has neither approved nor disapproved the contents of this news release.
加拿大證券交易所(CSE)既沒有批准也沒有反對本新聞稿的內容。
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問
