Amseco Exploration Ltd.

Amseco Exploration Ltd.

May 10, 2011 17:17 ET

Request to Extend the Maturity of the Warrants

MONTREAL, QUEBEC--(Marketwire - May 10, 2011) - Amseco Exploration Ltee (TSX VENTURE:AEL) announces that subject to approvals from regulatory authorities, it will extend until May 12, 2012, the expiry date of warrants having been issued on the occasion of a private placement, which closed held May 12, 2009.

In May 2009 Amseco's Private Placement consisted of 2,400,000 common share at the price of 0.05$ and 2,400,000 warrants at the price of 0.15$

No warrant has been exercised to date. Four insiders participated in the offering, representing 25%.

Contact Information

  • Exploration Amseco Ltd
    Jean Desmarais
    President and Director
    (514) 284-5111