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Corridor Announces Warrant Exercise.


HALIFAX, Nova Scotia For other uses, see Halifax.
Halifax, Nova Scotia may refer to any of the following:
  • Halifax Regional Municipality, capital of Nova Scotia, Canada
 -- Corridor Resources Inc. (TSX VENTURE:CDH) announced today that all of its outstanding 2,258,065 warrants were exercised on or prior to their expiry date of February 10, 2006, for total proceeds of $4,290,323. The warrants, with an exercise price of $1.90 per share, were issued as part of an offering of Units by Corridor pursuant to a private placement which closed on February 10, 2005. The proceeds will be used for ongoing drilling activities in the McCully natural gas field in New Brunswick.

Corridor is a junior oil and gas exploration and production company, headquartered in Halifax, Nova Scotia, with interests onshore in New Brunswick, Prince Edward Island Prince Edward Island, province (2001 pop. 135,294), 2,184 sq mi (5,657 sq km), E Canada, off N.B. and N.S. Geography


One of the Maritime Provinces, Prince Edward Island lies in the Gulf of St.
 and Quebec, and offshore in the Gulf of St. Lawrence Noun 1. Gulf of St. Lawrence - an arm of the northwest Atlantic Ocean off the southeastern coast of Canada
Gulf of Saint Lawrence

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
.

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.
 has neither approved nor disapproved the information contained herein.

Corridor Resources Inc. (TSX VENTURE:CDH)
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Publication:Business Wire
Geographic Code:1CANA
Date:Feb 14, 2006
Words:145
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