Toronto, Ontario -- October 7, 2010 Ring of Fire Resources Inc. (the "Company" or "ROF") (TSX-V:ROF, FRANKFURT: RG5, OTC.PK:HWKPF) announces that it has received approval from the TSX Venture Exchange (the "Exchange") to extend the term of issued and outstanding warrants exercisable for a total of 506,668 common shares (the "Warrants") which were issued as part of a private placement that closed on October 13, 2006 in which 1,000,002 flow-through units (each consisting of one flow-through common share and one Warrant) were issued for gross proceeds of approximately $150,000. Since issuance 493,334 Warrants have been exercised, leaving 506,668 Warrants outstanding.
Each whole Warrant is exercisable for one common share at a price of $0.25 per share. The term of the 506,668 Warrants, which were to expire on October 12, 2010, has been extended to October 12, 2011.
More detailed information is available on the website at www.ringoffireresources.com
To read the complete news release on our website please click on the link provided below:
2010 News Releases
