VANCOUVER, Sept. 23, 2011 /CNW/ - Golden Predator Corp. (TSX:GPD) (the "Company") announces that, due to current market
conditions, it has agreed to extend the term of 950,000 common share
purchase warrants (the "Warrants") expiring September 24, 2011 and December 7, 2011, to May 31, 2012.
Each Warrant entitles the purchaser to acquire one common share of the
Company at an exercise price of $0.90 and, as required by TSX policies,
the amended warrants will not be exercisable until October 7. The
extension is subject to approval of the Toronto Stock Exchange.
About Golden Predator Corp.
Golden Predator Corp., Yukon's Gold Company, is a well-funded exploration company mandated to create a mid-tier gold
producer. Golden Predator's road-accessible advanced properties
include its flagship Brewery Creek Project on which the Company is
moving aggressively to a near term production decision, as well as its
Grew Creek and Clear Creek Projects. Golden Predator has the largest
controlled land position in the Yukon, with exploration holdings in
excess of 1,400,000 acres (over 5,700 km2), and is committed to strong relationships with Yukon communities and
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This
press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance. There are
numerous risks and uncertainties that could cause actual results and
Golden Predator's plans and objectives to differ materially from those
expressed in the forward-looking information. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Golden Predator assumes no
obligation to update forward-looking information should circumstances
or management's estimates or opinions change.
SOURCE Golden Predator Corp.
For further information:
Golden Predator Corp.
William M. Sheriff
Chairman & Chief Executive Officer
(604) 648-GOLD (4653)