U.S. GoldMining Inc. amended its warrant agency agreement to allow a term extension, and the Board subsequently extended the warrant expiration date from April 24, 2026 to May 1, 2026.
Key takeaways
The Company amended the Warrant Agency Agreement dated March 9, 2023 with Continental Stock Transfer & Trust Company.
The Amendment grants the Company sole discretion to extend the duration of the Warrants by delaying the Termination Date.
The Board of Directors approved extending the Warrant expiration from April 24, 2026 to May 1, 2026.
Warrants will continue trading on the Nasdaq Capital Market under the symbol "USGOW" until the new expiration date.
The exercise price of $13.00 per share and all other terms of the Warrants remain unchanged.