Canabrava Diamond Corporation: Application Made To Extend Term Of Warrants.Business Editors VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , B.C.--(BUSINESS WIRE)--Dec. 4, 2001 Canabrava Diamond Corporation (CDNX CDNX See Canadian Venture Exchange (CDNX). :CNB CNB Czech National Bank CNB Centro Nacional de Biotecnologia CNB City National Bank CNB Citizens National Bank CNB Croatian National Bank CNB Chloronitrobenzene CNB Corresponsales No Bancarios (Spanish, Colombia) .) announced today that it has made application to the Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) to extend the term of the Company's Series A and Series B Share Purchase Warrants for one additional year. If accepted by the Exchange, holders of the 2,500,000 Series A Share Purchase Warrants and 500,000 Series A Agents' Warrants will be entitled 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: to purchase one common share at any time up to December 27, 2002 at a price of $0.50 per share and $0.40 per share respectively. In addition, holders of the 375,000 Series B Share Purchase Warrants and 30,000 Series B Agent's Warrants will then be entitled to purchase one common share at any time up to December 29, 2002 at a price of $0.50 per share. Canabrava Diamond Corporation is actively exploring for diamonds in Canada and Brazil both independently and through major joint ventures with Kennecott Canada Exploration Inc., Navigator See Netscape Navigator, Netscape and Norton Navigator. Navigator - Netscape Navigator Exploration Corp. and Paramount Ventures and Finance Inc. The Company is 45.6% owned by Southwestern Resources Corp. (SWG-T). Some of the statements in this news release contain forward-looking information which involves inherent risk and uncertainty affecting the business of the Company. Actual results may differ materially from those currently anticipated in such statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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