Innovative Processes Creating New Resources

  • slide 1
    New Technological Solutions for a Greener Tomorrow
  • slide 2
    Strategic Urban Mining for PGMs
  • slide 3
    Innovative, Revolutionary, Precious Metals Recovery Process
  • slide 4
    Green Efficient Technology, Low Emissions, Low Energy

Pro-Or confirmed extension of warrants expiration

Montreal (Quebec), May 27, 2013 - Pro-Or Mining Resources Inc. (TSX Venture: POI) confirmed the Exchange's acceptance of the renewal of the warrants' term issued in May 2011.

On this occasion, PRO-OR completed an offering of 860 units at a price of two thousand dollars ($ 2,000) per unit, for a maximum amount of $1,720,000.

  1. 8,600,000 warrants were issued
  2. The maturity of the bonds is extended to May 30th 2014. The exercise price remains at $ 0.40 for a period of 12 months following the closing of the Offering, subject to an accelerator clause. This provision remains in force and is defined as follows: The expiration date of the warrants will be shortened at the discretion of the Company, if the closing price of the listed shares is equal to or greater than $ 0.65 for 20 consecutive days and the new expiry date will be deemed to be the 30th day after written notice of the Company.

For further information:

Pierre Gévry, Director of Finance
Tel : (514) 849-7336
Fax : (514) 849-9260

Renelle Roy, Executive Secretary
Tel : (514) 849-7336
Fax : (514)-849-9260

"The TSX Venture Exchange and its regulatory service provider (as that term is defined in the policies of the TSX Venture Exchange) have not accepted responsibility for the adequacy or accuracy of this release."