SGX Resources Inc.

SGX Resources Inc.

November 27, 2012 18:59 ET

SGX Resources Inc. Announces Amendment to Warrant Terms

WINNIPEG, MANITOBA--(Marketwire - Nov. 27, 2012) - Dale Ginn, CEO of SGX Resources Inc. ("SGX") (TSX VENTURE:SXR), announced today that SGX has received approval from the TSX Venture Exchange to extend the maturity date of its outstanding common share purchase warrants (the "Warrants") issued on December 30, 2010 pursuant to a private placement offering. The TSX Venture Exchange has approved the extension of the maturity date of the Warrants from December 31, 2012 to July 31, 2013. The maturity date of the Warrants had previously been extended by SGX from July 20, 2012 to December 31, 2012. None of the other terms of the Warrants have changed. SGX will send a notice to all holders of Warrants notifying them of the extension to the term of the Warrants.

There are currently 3,817,845 Warrants issued and outstanding. Each Warrant now entitles the holder to purchase one common share of SGX at a price of $0.45 per share until July 31, 2013.

The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied in the forward-looking information.

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

Contact Information

  • SGX Resources Inc.
    Dale Ginn

    SGX Resources Inc.
    Investor Relations