Focus Extends Warrants
VANCOUVER, Sept. 5, 2012 /PRNewswire/ - Focus Ventures Ltd. (TSX-V: FCV) announces that its Board of Directors has determined that it is in the best interests of the Company to extend the expiry date of certain private placement warrants previously issued by the Company. Accordingly, subject to TSX Venture Exchange acceptance, the expiry dates of outstanding warrants entitling the holders to purchase a total of 3,626,000 shares at $0.30 per share has been extended by one year to September 21, 2013, and a total of 4,000,005 shares at $1.00 per share has been extended by one year to November 25, 2013.
About Focus Ventures
Focus Ventures is acquiring advanced is developing a diversified portfolio of quality silver, gold, copper and phosphate properties in Peru and Mexico. Backed by an experienced technical team of geologists and consultants, Focus's strategy is to identify and acquire former producing mines or untested gold and silver and base metal properties that show potential to become new mines. For further information, please call 604-688-5288 or visit our web site www.focusventuresltd.com.
ON BEHALF OF THE BOARD
David Cass, President
Shares Issued: 36.4-million
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Focus Ventures Ltd. Actual results may differ materially from those currently anticipated in such statement.
SOURCE Focus Ventures Ltd.