Canabrava Diamond Corporation: Application Made to Extend Term of Warrants.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--March 22, 2002 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 E Share Purchase Warrants for two additional years. If accepted by the Exchange, the holder of the 500,000 Series E Share Purchase 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 April 8, 2004 at a price of $2.25 per share. Southwestern Resources Corp. (SWG-T), which owns 38.91% of the issued and outstanding capital of Canabrava, is the sole holder of the Series E Share Purchase Warrants. Canabrava Diamond Corporation is actively exploring for diamonds in Brazil and Canada both independently and through major joint ventures with Kennecott Canada Exploration Inc., Majescor Resources Inc., Navigator See Netscape Navigator, Netscape and Norton Navigator. Navigator - Netscape Navigator Exploration Corp., and Paramount Ventures and Finance Inc. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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