Evrim Issues Update and Reminder Regarding Warrants
14 März 2018 - 2:00PM
Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) is
pleased to announce an update on the warrant exercises and would
like to remind holders (the “Warrant Holders”) of the Company’s
common share purchase warrants (the “Warrants”) dated December 16,
2015, that they have until 5:00 pm Pacific Time on March 19, 2018
to exercise their outstanding Warrants at a price of $0.25.
Warrants not exercised prior to March 19, 2018 will expire.
The Warrants are subject to an acceleration
notice (“Acceleration Notice”) announced by the Company on February
19, 2018, which set out that the Company’s closing share price
exceeded $0.35 for twenty consecutive trading days ending on
Friday, February 16, 2018 (the “Acceleration Trigger Date”).
Warrant Holders were sent a copy of the Acceleration Notice
by registered mail.
In order to exercise the Warrants, Warrant
Holders are requested to deliver, (i) the warrant certificate
(“Warrant Certificate”) representing the Warrants to be exercised,
(ii) a duly completed Exercise Form attached to the Warrant
Certificate, and (iii) a certified cheque, bank draft, or money
order in lawful money of Canada, payable to or to the order of
Evrim Resources Corp. to the Company at 910-850 West Hastings
Street, Vancouver, BC V6C 1E1.
To date, 10,168,000 Warrants have been
exercised, raising cash proceeds of $2.54 million. A total of
2,400,800 Warrants remain outstanding.
About Evrim Resources
Evrim Resources is a mineral exploration company
whose goal is to participate in significant exploration discoveries
supported by a sustainable business model. The Company is
well financed, has a diverse range of quality projects and a
database covering substantial areas of Mexico and portions of
southwestern United States. The Company’s projects are advanced
through option and joint venture agreements with industry partners
to create shareholder value. Evrim’s business plan also
includes royalty creation utilizing the Company’s exploration
expertise and existing projects.
On Behalf of the BoardEVRIM RESOURCES
CORP.
Paddy NicolPresident & CEO
To learn more about Evrim Resources Corp.,
please contact Paddy Nicol, President or Charles Funk, VP New
Opportunities and Exploration at 604-248-8648, or Donna Yoshimatsu
at 416-722-2456, or visit www.evrimresources.com.
Forward Looking Information
This news release includes certain statements
that may be deemed "forward looking statements". All statements in
this news release, other than statements of historical facts, that
address events or developments that Evrim Resources Corp. (the
"Company“) expects to occur, are forward looking statements.
Forward looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or
"should" occur.
Although the Company believes the expectations
expressed in such forward looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in the forward looking statements. Factors that could cause
the actual results to differ materially from those in forward
looking statements include market prices, exploitation and
exploration successes, and continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and actual results or developments may differ
materially from those projected in the forward looking statements.
Forward looking statements are based on the beliefs, estimates and
opinions of the Company’s management on the date the statements are
made. Except as required by securities laws, the Company undertakes
no obligation to update these forward looking statements in the
event that management's beliefs, estimates or opinions, or other
factors, should change.
Neither 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.
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