Brazauro Resources Corporation: Amendment to the Expiry Date and the Exercise Price of Warrants.HOUSTON -- Brazauro Resources Corporation (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture:BZO BZO Bolzano, Italy (airport code) BZO Battle Sight Zero (military; rifle sight setting) ) will seek approval from the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. to amend the 9,026,666 outstanding share purchase warrants of the Company (the "Warrants") originally issued pursuant to private placements of Units of the Company. A total of 4,626,666 Warrants originally issued on March 22, 2007 and which currently entitle the holder to acquire one additional common share of the Company at a price of $1.25 per share up until March 22, 2009 will be amended to extend the expiry date expiry date expire n → date f d'expiration; (on label) → à utiliser avant ... expiry date expire n → Ablauftermin m to March 22, 2010 and reduce the exercise price to $1.00 per share. A further 4,400,000 Warrants originally issued on July 24, 2008 and which currently entitle the holder to acquire one additional common share of the Company at a price of $1.30 per share up until January 24, 2010 will be amended to extend the expiry date to January 24, 2011 and reduce the exercise price to $1.00 per share. No other terms of the Warrants will be amended. The amendments to both groups of Warrants are subject to acceptance of the TSX Venture Exchange. Mark E. Jones, III Chairman, CEO Brazauro Resources Corporation The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities has approved or disapproved the information contained herein. |
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