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Athena Silver ( (AHNR) ) has shared an announcement.
Athena Gold Corporation announced its intention to reprice 5,684,500 common share purchase warrants, reducing the exercise price from CDN $0.12 to CDN $0.07 per share. This repricing is subject to the consent of warrant holders and the Canadian Securities Exchange. The move is considered a related party transaction due to insider holdings, but exemptions apply as the transaction does not exceed 25% of the company’s market capitalization. The repricing aims to enhance the attractiveness of the warrants and potentially improve liquidity for stakeholders.
More about Athena Silver
Athena Gold Corporation is involved in mineral exploration and the acquisition of mineral property assets, focusing on precious and base metal properties. The company is actively engaged in projects across North America, with its flagship project, Excelsior Springs, located in Nevada’s Walker Lane Trend. Athena Gold is also developing the Laird Lake project in Ontario’s Red Lake Gold District.
YTD Price Performance: -7.50%
Average Trading Volume: 68,547
Technical Sentiment Signal: Hold
Current Market Cap: $7.31M
For a thorough assessment of AHNR stock, go to TipRanks’ Stock Analysis page.