Junior Canyon Resources has extended the expiration date of warrants for buying stock.
The extension, to Sept. 30 from June 30, applies to 3.9 million warrants exercisable at US$3.50 per share.
Startup of the Briggs gold mine in southeastern California is expected to have a positive effect on the price of the stock.
Canyon currently trades on the National Association of Securities Dealers Automated Quotation (NASDAQ) at about the US$2 level, with 25.4 million shares outstanding.
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