Duncan Park Holdings Corporation

Duncan Park Holdings Corporation

October 05, 2010 14:10 ET

Duncan Park Announces Exercise of Warrants

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2010) - Duncan Park Holdings Corporation (TSX VENTURE:DPH.H) announced today that 1,133,333 purchase warrants (the "Warrants") of the Company have been exercised for gross proceeds of $113,333.

The Warrants were exercised by two directors of the Company at a price of $0.10 per share. The Warrants had been issued in connection with the Company's private placement of 6,666,666 units, which was completed on November 19, 2008. An additional 5,533,333 Warrants, expiring on November 19, 2010, remain outstanding.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Duncan Park Holdings Corporation
    Ian McAvity
    Acting President & CEO