CALGARY, June 30 /CNW/ - BNP Resources Inc. ("BNP" or the "Corporation") is pleased to announce the extension of previously issued Class A Share purchase warrants. The warrants were associated with a private placement offering previously press released June 12, 2009. An aggregate of 2,205,000 warrants with a warrant exercise price of $0.10 were originally issued with warrant expiry dates of July 23, 2010 and August 10, 2010. This has been extended by 12 months. Mr. Ed Nunes-Vaz, V.P Land and Business Development controls 1,800,000 of the total warrants.
BNP has also updated its corporate presentation on the Corporation's website.
BNP is actively engaged in the exploration for and the development and production of oil and natural gas reserves. BNP's business strategy is to build sustainable and profitable per share growth through internally generated exploration and development drilling.
BNP has approximately 26,552,434 Class A shares and 922,500 Class B shares issued and outstanding which trade on the TSX Venture Exchange under the symbols "BNX.A and "BNX.B".
Neither the TSX Venture Exchange nor Its Regulation Services Provider (as the term Is defined In the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This document is not for dissemination or distribution in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.
SOURCE BNP Resources Inc.
For further information: For further information: Gregory Bilcox, President and CEO, BNP Resources Inc., Phone: 403.695.1091, Fax: 403.265.0413