Staccato Gold Resources Ltd. Extension of Warrant Term by 24hgold

Friday, May 29, 2009

Staccato Gold Announces Extension of Warrant Term

Vancouver, B.C. -- May 29, 2009 -- Staccato Gold Resources Ltd. (CAT-TSX.V) announces that it has applied to the TSX Venture Exchange for a two-year extension of the term of 44,467,059 common share purchase warrants that were issued by Staccato as part of a private placement announced on June 19, 2007 and July 4, 2007. Each warrant currently entitles its holder to purchase one additional common share of Staccato at an exercise price of $0.50 until two years from their respective dates of issue, being July 4, 2009, July 18, 2009, August 9, 2009, or August 16, 2009.

Subject to the approval of the TSX Venture Exchange, the term of the warrants will be extended by an additional two years, for a total term of four years.

On behalf of the Board of Directors
STACCATO GOLD RESOURCES LTD.

"Grant Ewing"

Grant Ewing, President & CEO, Director

About Staccato Gold Resources Ltd: Staccato Gold is a well funded junior gold exploration company with resources and advanced stage exploration assets located exclusively in Nevada. The Company has assembled a portfolio of prospective gold prospects in the dominant gold trends in Nevada. For further information, please contact Gareth Thomas at 604-682-8789 or visit Staccato's website at www.staccatogold.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Legends
	Production
	Mine development
	Discovery
	Exploration
	Past producer
On Google Earth, click on the button, to show property information, and access to project page or company page.

Your feedback is appreciated, please leave a comment or rate this article.
Rate :						Average note :0 (0 vote)	View Top rated

10/19/2009	(Windfall-hoosac)Reports Windfall Project Drill Results - Several Thick Inter...
8/24/2009	(South Eureka)Commences Drilling at Windfall Project
8/10/2009	(South Eureka)Provides Update on Summer Program at Flagship South Eureka P...
6/4/2009	(South Eureka)2009 Exploration Plans - Including Follow-up on High Grade W...
1/21/2009	(South Eureka)Drills 22.9 Metres of 5.25 g/t (75 feet of 0.153 opt) Gold a...

6/3/2010	Closes Acquisition of Staccato Gold Resources
4/13/2010	Withdrawal and Consequent Cancellation of Requisitioned Meet...
3/23/2010	Business Combination with Timberline Resources
2/10/2010	Calls Requisitioned Special Meeting for May 25, 2010
1/25/2010	Staccato Gold Update
8/4/2009	Launches New Website
5/29/2009	Extension of Warrant Term
2/24/2009	Provides Corporate Update

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis