Business & Finance
Business and Finance
Business and Finance 
Fri, June 11, 2010
Thu, June 10, 2010
God's Lake Resources Inc.: God's Lake Resources Proposes Warrant Extension
TORONTO, ONTARIO--(Marketwire - June 10, 2010) - God's Lake Resources Inc. (CNSX:GLR) announces that it intends to amend the 5,110,000 share purchase warrants which are currently outstanding, subject to regulatory approval. Each share purchase warrant formerly entitled the purchaser to acquire one common share for $0.75 until July 15, 2011. These warrants will be amended such that each common share purchase warrant entitles the holder to acquire one common share for $0.75 until June 12, 2014 which is a total term of 5 years.
About God's Lake Resources Inc.
God's Lake Resources is a junior gold exploration company and is publicly traded on the Canadian National Stock Exchange under the symbol GLR. The company recently acquired the Sherman Lake Gold Project and completed a $511,000 non-brokered private placement to undertake exploration activities in the area.
The Sherman Lake area is located 410 km north of Red Lake, Ontario. The Sherman Lake Gold Project consists of one block of 16 leased claims. Prospecting in 1935 led to the discovery of the Project. Follow-up trenching and drilling in 1936 identified two separate high-grade gold bearing quartz veins. The Project went into production in1938 and produced 52,560 oz. of gold from 46,457 tons of ore (average grade 1.13oz/ton) over its 4-year lifetime.
For more information please visit our website at [ www.godslakeresources.com ].
CAUTIONARY STATEMENT
This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of God's Lake, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from God's Lake's expectations are exploration risks detailed herein and from time to time in the filings made by God's Lake with securities regulators.
Shares Outstanding: 8,232,888
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.