EEStor Extends Expiry Date of Warrants
August 09 2019 - 3:47PM
EEStor Corporation (“
EEStor” or the
“
Company”) (TSX VENTURE:ESU) announces that it
will extend the expiry date of a total of 13,635,661 common share
purchase warrants (collectively, the “
Warrants”)
through until December 24, 2020. The Warrants are exercisable at a
price of $0.30, and were previously scheduled to expire on August
24, 2019.
Completion of the extension remains subject to
the approval of the TSX Venture Exchange, and will take effect once
such approval has been obtained.
About EEStor Corporation
EEStor is a developer of high energy density
solid-state capacitor technology utilizing the Corporation’s
patented Composition Modified Barium Titanate (CMBT) material. The
Corporation is focused on joint venture and licensing opportunities
for its technology across a broad spectrum of industries and
applications.
Cautionary Statement on Forward-Looking
Information
All statements, other than statements of
historical fact, contained in this press release including, but not
limited to, those relating to the extension of the term of the
Warrants and, generally, the above “About EEStor” paragraph which
essentially describes the Corporation’s outlook, constitute
”forward-looking information” or “forward-looking statements”
within the meaning of certain securities laws, and are based on
expectations, estimates and projections as of the time of this
press release. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered
reasonable by the Corporation as of the time of such statements,
are inherently subject to significant business, economic and
competitive uncertainties and contingencies. These estimates and
assumptions may prove to be incorrect. Many of these uncertainties
and contingencies can directly or indirectly affect, and could
cause, actual results to differ materially from those expressed or
implied in any forward-looking statements and future events, could
differ materially from those anticipated in such statements.
By their very nature, forward-looking statements
involve inherent risks and uncertainties, both general and
specific, and risks exist that estimates, forecasts, projections
and other forward-looking statements will not be achieved or that
assumptions do not reflect future experience. Forward-looking
statements are provided for the purpose of providing information
about management's endeavours to secure joint ventures and
licensing of the Corporation’s technology and, more generally, its
expectations and plans relating to the future. Readers are
cautioned not to place undue reliance on these forward-looking
statements as a number of important risk factors and future events
could cause the actual outcomes to differ materially from the
beliefs, plans, objectives, expectations, anticipations, estimates,
assumptions and intentions expressed in such forward-looking
statements. All of the forward-looking statements made in this
press release are qualified by these cautionary statements and
those made in our other filings with the securities regulators of
Canada including, but not limited to, the cautionary statements
made in the “Risk Factors” section of the Corporation’s public
filings. The Corporation disclaims any intention or obligation to
update or revise any forward-looking statements or to explain any
material difference between subsequent actual events and such
forward-looking statements, except to the extent required by
applicable law.
For additional information please
contact:
Ian CliffordChief Executive OfficerEEStor
CorporationTel. 416-535-8395 ext. 3ian.clifford@eestorcorp.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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