Dunnedin Ventures Inc (CVE:DVI) (OTCMKTS:OCPFF) is extending the expiry dates of nearly 9 million warrants so that shareholders can participate in its upcoming drill programs, the company announced Wednesday.
The Vancouver-based junior explorer is advancing copper porphyry projects in Canada and the US, as well as the Kahuna diamond project in Nunavut.
The warrants will be extended for a two-year period to July 17, 2021, according to Dunnedin, which has received approval from the TSX Venture Exchange.
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The company is adjusting the expiry date for 8.3 million warrants priced at C$0.23 and around 661,000 units priced at C$0.27.
"We are pleased to extend the expiry dates of these warrants as this will enable our shareholders to participate in the upside from our two upcoming drill programs,” said Claudia Tornquist, CEO of Dunnedin.
Tornquist said the company plans to drill the MPD copper-gold porphyry project this summer before moving on to the Mohave copper porphyry project in Arizona, where a drill program is planned later this year.
Dunnedin’s shares were flat at C$0.07 in Toronto.
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