Centric Energy Announces Warrant Expiry Acceleration
23 August 2010 - 8:09PM
Marketwired
Centric Energy Corp. ("Centric Energy" or "the Company") (TSX
VENTURE: CTE) announces that the warrant expiry acceleration clause
contained in the common share purchase warrants (the "Warrants")
issued by the Company on March 5th and March 22nd, 2010 has been
triggered following a period of 10 consecutive trading days in
which the closing market price of the Company's common shares on
the TSX Venture Exchange was equal to or greater than $0.20 per
share.
The Company has elected to accelerate the expiry of the Warrants
in accordance with the terms of the Warrants. The expiry date will
now be September 14th, 2010. This news release constitutes the
required notice of the acceleration of the expiry date of the
Warrants to the holders of the Warrants.
The Warrants may be exercised at any time before 4:00 p.m.
(Vancouver time) on September 14th, 2010, by delivering the warrant
certificate with a duly completed exercise form and a certified
cheque, bank draft or money order payable to "Centric Energy Corp."
in an amount equal to the purchase price for the number of shares
being purchased, to Computershare Trust Company of Canada at 510
Burrard Street, 2nd Floor, Vancouver, British Columbia, V6C
3B9.
ON BEHALF OF CENTRIC ENERGY CORP.
Alec Robinson, President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Centric Energy Corp. Alec E. Robinson Toll Free: +1
(800) 962-7189 or: +44 207 222 8512 www.centricenergy.com
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