Press release from Marketwire
North American Tungsten Announces Issuance of Bonus Share Purchase Warrants in Connection With Extension of Loan Facilities
Thursday, June 27, 2013
North American Tungsten Announces Issuance of Bonus Share Purchase Warrants in Connection With Extension of Loan Facilities17:00 EDT Thursday, June 27, 2013
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2013) - North American Tungsten Corporation Ltd. (the "Company") (TSX VENTURE:NTC) is pleased to announce that it has received TSX Venture Exchange approval for the issuance of an aggregate 5,000,000 common share purchase warrants (the "Warrants") to two directors in connection with the previously announced extension of the Company's CAD$12,000,000 working capital loan facility (see the News Release dated June 16, 2013). Each Warrant is exercisable for one common share of the Company at an exercise price of $0.20 per common share. The Warrants will expire on June 30, 2014.
ABOUT NORTH AMERICAN TUNGSTEN CORPORATION LTD.
The Company is a publicly listed Tier 1 Junior Resource Company engaged primarily in the operation, development, and acquisition of tungsten and other related mineral properties in Canada. The Company's 100% owned CanTung mine and MacTung development project make it one of the few tungsten producers with a strategic asset in the western world. MacTung is one of the world's largest known undeveloped high grade tungsten-skarn deposits.
ON BEHALF OF THE BOARD OF DIRECTORS
Kurt Heikkila, Chairman & Interim CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term as defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note: The Company relies upon litigation protection for "forward-looking" statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
North American Tungsten Corporation Ltd.