HILLCREST RESOURCES LTD. ("HRH")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 19, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: 1,392,889
Original Expiry Date of Warrants: February 28, 2014
New Expiry Date of Warrants: February 28, 2015
Exercise Price of Warrants: $0.12, subject to a forced exercise provision, whereby if the closing price of the Company's shares is $0.15 or more for a period of ten consecutive trading days, then the warrant holders will have 30 days to exercise their warrants, otherwise the warrants will expire on the 31st day.
These warrants were issued pursuant to a private placement of 2,785,778 shares with 1,392,889 share purchase warrants attached, which was accepted for filing by the Exchange effective March 8, 2012. A repricing of the warrants from $0.30 to $0.12 was accepted for filing by the Exchange effective July 12, 2012.
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