Loncor Gold (TSE:LN) has released an update.
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Loncor Gold Inc. has announced its intention to extend the expiry dates of over 3 million common share purchase warrants from June 2024 to June 2025, subject to Toronto Stock Exchange approval. These warrants were initially issued during a private placement in June 2022 and are priced at Cdn$0.75 per share. The extension aims to enhance the value of these warrants, none of which are held by company insiders.
For further insights into TSE:LN stock, check out TipRanks’ Stock Analysis page.