Post by Franko10 ™ on Sept 11, 2004 14:38:54 GMT -5
February 12, 2001
Shane to Reprice Warrants
Shane Resources Ltd. (CDNX-SEI) announces that, subject to acceptance by the Canadian Venture Exchange and the consent of the warrant holders, it will reprice 2,210,000 share purchase warrants (500,000 of which are flow-through) currently outstanding from $0.40 per share to $0.15 per share. These warrants will remain exercisable until February 10, 2002.
The average closing price of the Company’s shares over the preceding 10 days was $0.15.
ON BEHALF OF THE BOARD OF DIRECTORS OF SHANE RESOURCES LTD.
Rick Walker President
The Vancouver Stock Exchange has neither approved nor disapproved the contents of this news release.
There is only one way to happiness, and that is to cease worrying things which are beyond the power of our will.