VANCOUVER, March 4, 2016 /CNW/ - Barsele Minerals Corp. – (BME: TSX-V) ("Barsele") reports that it has applied to the TSX Venture Exchange ("TSX-V") to extend the term of certain Barsele warrants issued in connection with the plan of arrangement between Orex Minerals Inc. and Barsele which completed September 25, 2015, currently expiring on March 24, 2016. Subject to TSX-V approval, warrants to purchase 5,179,000 common shares of Barsele at a price of $0.30 per share will be extended to expire on March 24, 2018.
About Barsele Minerals Corp.
Barsele is a Canadian-based junior exploration company comprised of highly qualified mining professionals. Barsele's main property is the Barsele Gold Project in Västerbottens Län, Sweden, a joint venture with Agnico Eagle Mines Limited.
ON BEHALF OF THE BOARD OF DIRECTORS
This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Barsele undertakes no obligation to update such statements, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
SOURCE Barsele Minerals Corp.
For further information: please contact Barsele Minerals Corp. at (604) 687-8566 x227, email firstname.lastname@example.org or visit our website at www.barseleminerals.com