Afri-Can Marine Minerals Corporation
FRANKFURT : AJF
TSX VENTURE : AFA

Afri-Can Marine Minerals Corporation

June 17, 2008 10:33 ET

Afri-Can Extends Share Purchase Warrants

MONTREAL, QUEBEC--(Marketwire - June 17, 2008) - Afri-Can Marine Minerals Corporation (TSX VENTURE:AFA)(FRANKFURT:AJF) announces that its Board of Directors, by a resolution adopted on June 12, 2008, has authorized the extension until February 1, 2009 of the 5,769,500 share purchase warrants set to expire on August 1, 2008, and until June 12, 2009 of the 1,923,077 share purchase warrants set to expire on December 12, 2008. These warrants have an exercise price of $0.18.

As of today, 1,259,577 purchase warrants expiring on August 1, 2008 have been exercised, and 543,558 purchase warrants expiring on December 12, 1008 have been exercised.

The extensions are subject to the approval of regulatory authorities.

Shares outstanding: 146,367,644

The TSX Venture Exchange (TSX-V) does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Afri-Can Marine Minerals Corporation
    Pierre Leveille
    President & CEO
    514-846-2133
    514-846-1435 (FAX)
    or
    Afri-Can Marine Minerals Corporation
    Bernard J. Tourillon
    Executive V.P. and CFO
    514-846-2133
    514-846-1435 (FAX)
    info@afri-can.com
    www.afri-can.com