Sylla Gold announces warrant extension

Sylla Gold announces warrant extension

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Sylla Gold Corp. (TSXV: SYG,OTC:SYGCF) (OTC Pink: SYGCF) (“Sylla” or the “Company”) announces that, subject to approval by the TSX Venture Exchange, the Company intends to extend the expiration date of an aggregate of 3,200,000 common share purchase warrants (each a “Warrant”). The 3,200,000 Warrants were originally issued pursuant to a private placement of 3,200,000 units in the capital of the Company (each a “Unit”) at a price of $0.05 per unit, which closed on July 23, 2024.

The Warrants were originally scheduled to expire on January 23, 2026. Under the proposed amendment, the Company proposes to extend the expiry date by a further 12 months to January 23, 2027 (the “Extension of the warrant“).

Subject to receipt of regulatory approval, the Company will send Warrant Renewal Notices to all holders of the Warrants.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often identified by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management on the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. For a description of the risks and uncertainties facing the Company and its operations and business, readers should refer to the Company’s management’s discussion and analysis. The Company assumes no obligation to update any forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279970

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