| ||Thu Aug 16, 2007|
ATAC Announces Early Expiry of Warrants
| ||ATAC Resources Ltd. (TSX-V:ATC) (the "Company") announces that the 2,200,000 share purchase warrants ("Warrants") that were issued in connection with the private placement in July 2006 will expire early. 2,000,000 of these warrants are exercisable at $0.30 and 200,000 are exercisable at $0.23. (Please see ATAC'S July 20, 2006 news release for private placement details). |
The common shares of the Company closed on the TSX Venture Exchange at prices above $0.45 during the 20 consecutive trading days ended August 15, 2007. In connection with the increased share price, the Company is providing Warrantholders with notice that it is accelerating the expiry time of the Warrants in accordance with the terms of the Warrants. Unless duly exercised, the Warrants will expire at 4:00 pm (Pacific Time) on September 7, 2007.
For further information concerning ATAC Resources Ltd. or its various exploration projects please visit ATAC's website at www.atacresources.com or contact:
Graham Downs, CEO
ATAC Resources Ltd.
ATAC RESOURCES LTD.
Per: Robert C. Carne, President
You can view the Next News Releases item: Tue Sep 11, 2007, ATAC Resources Nets $489,400 Through Early Warrant Exercise
You can view the Previous News Releases item: Thu Aug 16, 2007, ATAC Options Windy Gold Property
You can return to the main News Releases page, or press the Back button on your browser.