VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 6, 2015) – San Marco Resources Inc. (TSX VENTURE:SMN) is pleased to announce that the TSX Venture Exchange has approved its warrant exercise incentive program respecting warrants issued under two non-brokered private placements completed in 2014 and 2015. The Exchange also approved the amendment of the warrants issued in the 2014 placement so that their terms now match the terms of the warrants issued in the 2015 placement
The proceeds from the early exercise of the outstanding warrants will be used for continued exploration of San Marco’s Cuatro de Mayo Project in Sonora State, Mexico and general working capital purposes.