VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Bolt Metals Corp. (“Bolt” or the “Firm”) (CSE: BOLT) (FRANKFURT: A2QEUB) (OTCQB: PCRCF) publicizes that it has made software to the Canadian Securities Trade (the “Trade“), to increase the time period of widespread share buy warrants (the “Warrants“) that have been issued underneath the Firm’s non-public placement of models accomplished on February 6, 2020, that have been set to run out on February 6, 2021. The Warrants had an train worth of $0.16 per widespread share and there have been 6,184,704 issued and excellent previous to the 6.5 to 1 share consolidation the Firm accomplished on September 24, 2020 (the “Consolidation”). Following completion of the Consolidation, 951,493 Warrants stay issued and excellent with an train worth of $1.04 per Warrant. Insiders of Bolt maintain 0.81% of the Warrants. The Firm has prolonged the time period of the Warrants from 12 months to 36 months in accordance with Trade insurance policies, leading to a brand new expiry date of February 6, 2023.
About Bolt Metals
Bolt Metals is a Canadian‐based mostly exploration firm centered on the acquisition and growth of manufacturing grade nickel and cobalt deposits, key uncooked materials inputs for the rising lithium‐ion battery trade. Go to https://boltmetals.com/ to seek out out extra.
Bolt Metals Corp.
Ranjeet Sundher – President and CEO
Steve Vanry – CFO & Director
Sean Bromley – Director & Investor Contact
Neither the Canadian Securities Trade nor the Funding Trade Regulatory Group of Canada accepts accountability for the adequacy or accuracy of this launch.