San Gold warrants expire May 30

San Gold Corp (C:SGR)
Shares Issued 237,611,610
Last Close 5/14/2009 $2.18
Friday May 15 2009 - News Release

Mr. Dale Ginn reports

SAN GOLD WARRANTS TO EXPIRE MAY 30, 2009

San Gold Corp. reminds holders of its share purchase warrants that were issued pursuant to a private placement financing on Nov. 30, 2007, that all outstanding warrants will expire on May 30, 2009, at 4:30 p.m. Calgary time (6:30 p.m. (EST)). At the expiry time, all unexercised warrants will become void and of no effect and holders will have no further rights under such warrants. Each warrant entitles the holder to purchase one common share of the company for $2. The company has engaged Dundee Securities Corp. to assist it in seeking the exercise of certain of the warrants. The company may pay Dundee, as well as certain other registered brokers who assist in obtaining the exercise of some of the outstanding warrants, a fee of 6 per cent.

© 2009 Canjex Publishing Ltd.