NEWS RELEASE
EXTENSION OF WARRANT TERMS
SAMEX is applying to the TSX Venture Exchange to extend
the term of the following warrants for a period of one year:
Warrants for the purchase of 415,000 shares at $0.80 per share. These warrants were originally issued with a two year term expiring November 27, 2005, and SAMEX is making application to extend the term of the warrants for a period of one year until November 27, 2006. The exercise price of the warrants will remain at $0.80 per share.
Warrants for the purchase of 700,000 shares at $0.80 per share. These warrants were originally issued with a two year term expiring November 7, 2005, and SAMEX is making application to extend the term of the warrants for a period of one year until November 7, 2006. The exercise price of the warrants will remain at $0.80 per share.
Warrants for the purchase of
500,000 shares at $1.05 per share. These warrants were originally
issued with a two year term expiring November 28, 2005, and SAMEX is making
application to extend the term of the warrants for a period of one year
until November 28, 2006. The exercise price of the warrants will
remain at $1.05 per share.
Jeffrey P. Dahl,
President
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.