Aldebaran Resources announces early exercise of warrants by Route One

Aldebaran Resources announces that its largest shareholder, Route One Investment Company LLC, together with senior management of the Company, have agreed to an early exercise of 4.7 MM common share purchase warrants. These warrants have an expiry date of May 3, 2023, a strike price of $0.70, and gross proceeds to the Company will be $3.3 MM. An additional 5.3 MM warrants will remain outstanding after the early exercise described above. The Company also advises that it has secured a fourth drill rig, expected to be on site in the coming days.