African Queen Files Application to Extend Warrants
August 07 2013 - 5:27PM
Access Wire
TSX.V: AQ
Frankfurt: QM0
Vancouver, British Columbia -- AFRICAN QUEEN
MINES LTD. (the "Company") announces that it is applying to
the TSX Venture Exchange ("TSXV") to extend the term of 4,800,000
share purchase warrants previously issued in connection with a
private placement. The warrants were originally issued on August 8,
2011 and are exercisable at a price of $0.40 per share until August
8, 2013. The Company is applying to extend the expiry date of the
warrants to August 8, 2015. All other warrant terms will remain the
same.
The warrant amendment is subject
acceptance and approval by the TSXV.
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About African Queen
The Company is an
exploratory resource company with diversified mineral properties in
East and West Africa. It is exploring its properties in Ghana and
Kenya for gold and other metals. In Ghana it has 30.23 sq. km.
under license for gold under an agreement with another company. In
Kenya it has approximately 850 sq. km. under license for gold and
metals, and a further 737 sq. km. of gold and other minerals
licenses under agreements with two other companies. The Company's
operations in Ghana are carried out through its subsidiary AQ Ghana
Gold Limited. Its operations in Kenya are carried out through its
operating subsidiary AQ Kenya Gold Limited. The Company has its
executive offices in Vancouver, Canada. The Company was
incorporated under the laws of the Province of British Columbia,
Canada on April 30, 2008, and received certain southern African
assets in a spin off transaction related to the acquisition of Pan
African Mining Corp. by Asia Thai Mining Co., Ltd.
ON BEHALF OF THE BOARD
OF DIRECTORS OF
AFRICAN
QUEEN MINES, LTD.
"Irwin
Olian"
Irwin
Olian
Chairman & CEO
For more information, contact:
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|Irwin Olian, President and CEO |Carrie Howes, Corporate |
|E-mail: |Communications Email: |
|tigertail@africanqueenmines.com |carrie@africanqueenmines.com |
|Phone: (604) 899-0100 Fax: (604)|Phone: Germany - +49 (0) |
|899-0200 |21141 740411 U.K. - |
| |+44 (0) 870 490 5443 |
| | Canada - +1 416 |
| |900 3634 Dubai - +971 55 997 |
| |0427 |
|--------------------------------------------------------------|
| |
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The TSX Venture
Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of the content of the information
contained herein. The statements made in this press release may
contain certain forward-looking statements that involve a number of
risks and uncertainties. Actual events or results may differ from
the Company's expectations.
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