Lahontan Gold Corp. Accelerates Warrant Expiry Following Strong Share Performance
Lahontan Gold Corp. has accelerated the expiry of warrants after its shares traded above a specified threshold, potentially increasing capital inflow and shareholder value.
Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has announced the acceleration of the expiry date for common share purchase warrants originally issued on April 30, 2025, as part of a non-brokered private placement. This decision follows the company's shares trading at or above a volume-weighted average price (VWAP) of C$0.12 for 10 consecutive trading days ending September 4, 2025. The warrants must now be exercised by 5 p.m. Toronto time on October 21, 2025, or they will expire. Warrant holders can exercise their options by submitting the warrant certificate, exercise form, and payment to Irwin Lowy LLP in Toronto.
The acceleration of warrant expiry is significant as it may lead to an immediate influx of capital for Lahontan Gold, which could be used to advance its mining projects. The company holds four gold and silver exploration properties in Nevada, with its flagship Santa Fe Mine project having a history of production and substantial mineral resources. According to the technical report available on the company's website and SEDAR+, the Santa Fe Mine has an indicated mineral resource of 1,539,000 ounces of gold equivalent and an inferred resource of 411,000 ounces of gold equivalent.
This move reflects confidence in the company's stock performance and future prospects, potentially strengthening its financial position for ongoing development activities. For further details, the full press release can be accessed at https://ibn.fm/HXAzX. Investors seeking updates on Lahontan Gold can also refer to the company's newsroom at http://ibn.fm/LGCXF.