NewsBlaze logo
Newsletter logo   Search News     Daily News   
Published:

egX Applies to Re-Price Warrants


VANCOUVER, BRITISH COLUMBIA - (Marketwire - Aug. 19, 2008) - egX Group (TSX VENTURE:GFG) announces that it has applied to re-price 1,873,588 common share purchase warrants in connection with a $468,397 non-brokered private placement financing that closed April 22, 2008.

Subject to TSX Venture Exchange approval, the holders of the warrants may exercise the warrants at the amended price of $0.17 until April 22, 2010. In the event that the common shares of the Company are traded on the TSX Venture Exchange at a price of $0.23 or more for ten consecutive trading days (the "Premium Trading Days"), the warrants will expire on the earlier of April 22, 2010 and 4:30 p.m. (Pacific Time) on the date which is 30 calendar days after Premium Trading Days has occurred. The 30 day period will commence seven calendar days after the tenth Premium Trading Day.

About egX Group

egX Group is developing egX, a global securities marketplace designed for the listing and trading of real estate and infrastructure. The Company is preparing to launch its first marketplace in Canada under egX Canada, a wholly-owned subsidiary of egX Group. To achieve global presence and to penetrate international markets under the egX brand, egX Group is partnering with interested parties established in the key international financial centers in Europe, the Middle East, the Asia-Pacific region, and the Americas. Additional information is made available at www.egXWorld.com.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein. Website: www.egXWorld.com

Tags: ,Real Estate and Construction,Commercial Real Estate,STOCK/OTHER MARKET NEWS
   _   _

  care2 logo   digg logo   blogger logo   newsfeeder logo   netscape logo  
Is your favorite bookmark site missing? Ask for it.

ALLDATAdiy

Free Shipping 125x125

60 % off on diamond jewelry

Editorial Cartoons
Wet Paint Cartoon Strips
Political Cartoons

NewsBlaze on Twitter
NewsBlaze on Facebook
NewsBlaze on MySpace

View Alan Gray's profile on LinkedIn

newsletter logo



Sponsor Links:

Writers Wanted
Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer
Relevant Sites:

NewsBlaze 

Copyright © 2004-2009 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy       Support    Press Room