TLC EXPLORATIONS INC. EXTENDS SHARE PURCHASE WARRANTS - Wednesday, March 19 2008
Management of TLC Explorations Inc. is pleased to announce the decision to extend the warrant date on share purchase warrants, due to expire on March 19, 2008 from a previously issued private placement of treasury shares. The warrants will be extended for a period of 60 days, ending Monday, May 19th, 2008.
TLCX management became aware of new developments in the Beardmore – Geraldton Gold Camp which could have short-term positive developments for the company’s shareholders.
Our Field Representative, Mr. Myron Nelson, responsible for work on the company claims, reported new activity taking place a few weeks ago with regard to drilling operations performed on land adjacent to TLCX claims; it is believed that the drill operations were performed for Kodiak Explorations Inc. (www.kodiakexp.com).
A review of a Beardmore-Geraldton Gold Camp map, featured in the March 3-9 edition of the Northern Miner, indicates the extent of the Kodiak staking operations, which have been massive.
As illustrated on the map, the TLCX and ADVANDTEL/TLCX claims have been completed surrounded by Kodiak, and the TLCX field representative believes that the latest drilling activity took place on adjacent land known as the “Maki” claims, now under option by Kodiak.
TLCX management believes, based on previous due diligence relating to surrounding claim property, that it is possible that positive results could come from the drilling activity adjacent to the company property, hence the reason to extend the warrant date.
For further Information contact:
Charles J. Elbourne, President
TLC Explorations Inc.
