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Home : Parallel Applies to Extend Term and Re-Price Warrants
Jan 22
2014

Parallel Applies to Extend Term and Re-Price Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 21, 2014) - Parallel Mining Corp. (the Company) (TSX VENTURE:PAL) announces that it wishes to extend the term and reduce the exercise price of previously issued Warrants to purchase a total of 5,020,000 common shares of the Company (the "Warrants"). The Warrants were originally issued on February 24, 2012, each Warrant entitling the holder to purchase one (1) common share without par value until February 24, 2014 (the "Term") at an exercise price of $0.25 per share.
Source:http://www.marketwired.com/mw/release.do?id=1871154&sourceType=3
 
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