Focus Accelerates Warrant Expiry
21 Maggio 2014 - 2:30PM
Marketwired
Focus Accelerates Warrant Expiry
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 21, 2014) -
Focus Ventures Ltd. (TSX-VENTURE:FCV) announces the acceleration of
the expiry date of warrants (the "Warrants") previously issued by
the Company in connection with its private placement financing
completed on November 28, 2013.
Effective as of the market close on May 20, 2014, the closing
price of the Company's common shares on the TSX Venture Exchange
has been greater than $0.25 for at least 10 consecutive trading
days. In accordance with the terms thereof, 12,670,800 Warrants
exercisable at $0.20 per share and 284,579 Warrants exercisable at
$0.16 per share will now expire on June 23, 2014, being 30 days
after two trading days following the date of this release and the
concurrent notification of the acceleration sent by the Company to
the Warrant holders.
About Focus Ventures
Phosphate rock is a raw material for fertilizers and vital to
world food production. Focus is acquiring and developing quality
phosphate projects in Latin America where the discovery and
development of new deposits is becoming increasingly important
given the growing demand and limited local supply of phosphate for
fertilizer production. For further information, please call
604-688-5288 or visit our web site www.focusventuresltd.com.
ON BEHALF OF THE BOARD
David Cass, President
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Forward-Looking
Statement
Some of the statements in this news release contain
forward-looking information that involves inherent risk and
uncertainty affecting the business of Focus Ventures Ltd. Actual
results may differ materially from those currently anticipated in
such statements.
Focus Ventures Ltd.Ralph Rushton(604) 630-5544(604)
682-1514info@focusventuresltd.comwww.focusventuresltd.com
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