Black Pearl Minerals Consolidated Inc.
TSX VENTURE : BLK

Black Pearl Minerals Consolidated Inc.

May 01, 2007 16:39 ET

Black Pearl Accelerates Expiry Date of Warrants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 1, 2007) -

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES.

Black Pearl Minerals Consolidated Inc. (TSX VENTURE:BLK) announces that further to its press release of September 19, 2006 announcing the closing of a private placement of 8,391,056 units Company, the common shares of the Company have traded on the TSX Venture Exchange at a price of $0.30 per share, or greater, for a period of over 20 consecutive trading days and thus the Company is accelerating the expiry date of 4,183,028 common share purchase warrants exercisable at $0.25 per share. The warrants will expire at 5:00 p.m. (Eastern Standard Time) on May 31, 2007. Documentation to exercise the warrants and cheques representing the exercise price may be forwarded to the warrant agent, Equity Transfer & Trust Company, Suite 400, 200 University Avenue, Toronto, Ontario M5H 4H1.

ON BEHALF OF THE BOARD

BLACK PEARL MINERALS CONSOLIDATED INC.

Robert Sibthorpe B.Sc. (Geol), MBA, President

Shares Outstanding: 31,593,378

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Black Pearl Minerals Consolidated Inc.
    Andrew Cook
    C.O.O.
    (604) 602-4935
    or
    Black Pearl Minerals Consolidated Inc.
    Jim MacDonald
    Corporate Communication
    (604) 602-4935