Trailbreaker Shareholders Exercised 7,039,520 Warrants for Total Proceeds of $1,055,928
VANCOUVER, British Columbia, Sept. 12, 2023 (GLOBE NEWSWIRE) — Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) on August 2, 2023, gave 30 days’ notice to warrant holders that it was exercising the Warrant Acceleration Provision for warrants issued on March 6, 2023, pursuant to its $0.12 Flow-Through Unit and $0.10 Non-Flow-Through Unit Private Placement Financings. The Warrant Expiry Date was accelerated from March 6, 2026 to September 3, 2023.
7,039,520 of the 7,320,000 warrants with the exercising price at $0.15 issued were exercised for gross proceeds to the Company of $1,055,928.
The proceeds of the warrant exercises will be used to advance the Company’s various exploration projects, and for working capital purposes.
Message from the President
“I appreciate the confidence and continued support of Trailbreaker’s shareholders, Thank you.”
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
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.
TRAILBREAKER RESOURCES LTD.
650 W. Georgia Street, #2110
Vancouver, British Columbia
Canada, V6B 4N8
Telephone: 604 681 1820
Facsimile: 604 681 1864
https://www.TrailbreakerResources.com
https://twitter.com/TrailbreakerLtd.
