Eagle Plains Secures Conditional Approval to Extend Warrant Expiry

Eagle Plains Resources Ltd. has received conditional approval from the TSX Venture Exchange to extend the expiry of 2,220,750 outstanding common share purchase warrants. Initially set to expire on August 2, 2025, following a private placement in August 2023, the expiry will be moved to August 2, 2026. The conditions, including the exercise price of 30 cents per warrant, remain unchanged.

These warrants allow shareholders to potentially convert them into stocks if the share price meets or exceeds 50 cents for 20 consecutive trading days, followed by a 30-day exercise notice. This move provides holders an extended period to exercise their options.

As a prolific project generator, Eagle Plains continues to explore and develop mineral projects in Western Canada, focusing on metals central to a green economy. The extension aligns with the company's strategy to enhance shareholder value through prolonged opportunities.