TSX Venture Symbol: COR
OTCQB Symbol:
CAMZF
Frankfurt:
XC01
VANCOUVER, July 27, 2018 /CNW/ - Camino Minerals Corporation
("Camino" or the "Company") (COR: TSX-V) announces that subject to
acceptance by the TSX Venture Exchange, the Company wishes to amend
the exercise price of 5,300,000 outstanding common share purchase
warrants of the Company issued as part of the financing announced
June 1, 2017. The exercise price of
the share purchase warrants will be amended from $1.35 per common share to $0.20 per common share. In accordance with
TSX Venture Exchange Policy 4.1, the Warrants will be subject to an
acceleration clause: should the closing price of the common shares
of the Company on the TSX Venture Exchange be $0.27 or higher for ten consecutive trading days,
the Company must accelerate the expiry of the warrants to the date
that is 30 business days from the date of the issuance of a news
release by the Company announcing the exercise of the acceleration
right. All other terms of the warrants remain the same,
including the expiry date of May 30,
2019.
About Camino Minerals Corporation
Camino is a discovery-oriented mineral exploration company. The
Company is focused on the acquisition and development of high-grade
copper and precious metal projects. For more information, please
refer to Camino's website at www.caminominerals.com.
Cautionary Note Regarding Forward-Looking Statements and
Information
This News Release contains "forward-looking information" and
"forward looking statements" within the meaning of applicable
Canadian and United States
securities legislation. Statements contained herein that are not
based on historical or current fact, including without limitation
statements containing the words "anticipates," "believes," "may,"
"continues," "estimates," "expects," and "will" and words of
similar import, constitute "forward-looking statements" within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995.
Forward-looking information may include, but is not limited to,
information with respect to our planned exploration activities, the
adequacy of our financial resources, the estimation of mineral
reserves and resources, the results of future exploration and
drilling. Wherever possible, words such as "plans",
"expects", "projects", "assumes", "budget", "strategy",
"scheduled", "estimates", "forecasts", "anticipates", "believes",
"intends", "targets" and similar expressions or statements that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved, or the negative forms of
any of these terms and similar expressions, have been used to
identify forward-looking statements and information.
Forward-looking information is subject to a variety of known and
unknown risks, uncertainties and other factors that could cause
actual events or results to differ from those expressed or implied
by the forward-looking information, including, without limitation,
those risks identified in the Company's annual disclosure
materials, filed with the securities regulatory authorities in
Canada and available at
www.sedar.com. Readers are encouraged to read these
materials. Prospective investors should not place undue
reliance on forward-looking information.
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.
SOURCE Camino Minerals Corporation
