Noch ne News vom 4.1.2011
Vancouver, British Columbia, January 4, 2011: Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V:PCY, OTCQX: PRPCF, Frankfurt: 1P2) provides notice of the accelerated expiry of approximately 3,355,585 share purchase warrants of the Company which were issued in various private placements (the “Warrants”). 1,711,533 Warrants are exercisable to purchase one common share of the Company at a price of $0.50 per share until December 31, 2011. 915,750 Warrants are exercisable to purchase one common share of the Company at a price of $0.40 per share until December 31, 2011 and 728,302 Warrants are exercisable to purchase one common share of the Company at a price of $0.40 per share until January 25, 2012.
Pursuant to the terms of the Warrants, the expiry date of the Warrants may be accelerated ay any time prior to the expiry date of the Warrants if the closing price of the Company’s common shares on the TSX Venture Exchange exceeds $0.60, in the case of the $0.40 warrants and $0.70, in the case of the $0.50 warrants, for a period of 20 consecutive trading days. As a result, the expiry date of the Warrants is being accelerated to 5:00 pm (Vancouver time) on February 4, 2011 (the “Early Expiry Time”). Any Warrants remaining unexercised after the expiration of the Early Expiry Time will be cancelled and will thereafter be of no force and effect.
How to Exercise Warrants
Warrant holders who wish to exercise their Warrants should instruct their investment advisor for an "immediate exercise" and be prepared to provide payment (by certified cheque, bank draft or money order) to their advisor firm equal to the exercise price for each warrant exercised. Once the Company receives payment and required documentation the Warrants will be cancelled and the warrant holder will receive Prophecy common shares.
Investors should consult with their investment advisor to confirm the time required to complete this process and other costs associated with the exercise, if any.
Warrant holders who hold a physical certificate wishing to exercise warrants need to provide the Company with a certified cheque, bank draft or money order payable to Prophecy Resource Corp., an exercise form and warrant certificate. For assistance, contact the Company directly.
Die Ausübung der Warrants wurde beschleunigt, Termin 4.2.2011
Der Vorvertrag hat eine Frist von 30 Tagen.
Ergo? Ebenfalls Anfang des Februars 