301 - 32920 Ventura Ave. Abbotsford, BC V2S 6J3 CANADA |
TEL: (604) 870-9920 FAX: (604) 870-9930 TOLL FREE: 1-800-828-1488 EMAIL: 2samex@samex.com |
WEB: www.samex.com TRADING SYMBOLS: SXG - TSX Venture Exch SMXMF - OTC BB | |
NEWS RELEASE – No. 3-12 | June 22, 2012 |
EXTENSION OF WARRANT TERM
SAMEX is applying to the TSX Venture Exchange to extend the term of warrants for the purchase of 1,823,668 shares at $0.35 per share. These warrants were originally issued with a two-year term expiring July 8, 2012, and SAMEX is making application to extend the term of these warrants for two additional years until July 8, 2014. The exercise price of the warrants will remain at $0.35 per share. A Control Person/Insider of SAMEX, Sasan Sadeghpour holds 861,834 of these warrants.
“Jeffrey Dahl”
President
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.