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American Resources of Delaware Inc. approves one year extension to Warrant A expiration date.


VERSAILLES, Ky.--(BUSINESS WIRE)--March 4, 1996--American Resources of Delaware Inc. announces that the board of directors of the company have approved a one year extension to the expiration date Expiration Date

The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.

Notes:
The expiration date for all listed stock options in the U.S.
 of its Warrant A (the "Warrants").

The Warrants, which are publicly traded on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 Small Cap market under the symbol GASSW and were due to expire expire /ex·pire/ (ek-spi´er)
1. to exhale.

2. to die.


ex·pire
v.
1. To breathe one's last breath; die.

2. To exhale.
 April 24, 1996, will now expire on April 24, 1997. Four Warrants entitle en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 the holder thereof to purchase one common share of the company for $6.50. At Dec. 31, 1995, there were 1,048,883 Warrants outstanding.

CONTACT: American Resources of Delaware Inc., Versailles

606/873-5455
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 4, 1996
Words:104
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