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Announces Extension of Warrant Term
posted on
May 31, 2009 04:44AM
May 29, 2009
Staccato Gold Announces Extension of Warrant Term
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 29, 2009) - Staccato Gold Resources Ltd. (TSX VENTURE:CAT) announces that it has applied to the TSX Venture Exchange for a two-year extension of the term of 44,467,059 common share purchase warrants that were issued by Staccato as part of a private placement announced on June 19, 2007 and July 4, 2007. Each warrant currently entitles its holder to purchase one additional common share of Staccato at an exercise price of $0.50 until two years from their respective dates of issue, being July 4, 2009, July 18, 2009, August 9, 2009, or August 16, 2009.
Subject to the approval of the TSX Venture Exchange, the term of the warrants will be extended by an additional two years, for a total term of four years.
On behalf of the Board of Directors
STACCATO GOLD RESOURCES LTD.
Grant Ewing, President & CEO, Director
About Staccato Gold Resources Ltd: Staccato Gold is a well funded junior gold exploration company with resources and advanced stage exploration assets located exclusively in Nevada. The Company has assembled a portfolio of prospective gold prospects in the dominant gold trends in Nevada.
