Canyon extends date for warrants

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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