TORONTO, Nov. 13 /PRNewswire-FirstCall/ -- Northwestern Mineral Ventures Inc. (TSXV: NWT; OTCBB: NWTMF) today announced that, subject to TSX Venture Exchange approval, it is extending the term of the share purchase warrants that were originally issued in connection with a private placement that closed on December 21, 2005, all as further described in the press release of Northwestern dated December 21, 2005.
The share purchase warrants, which would have expired on December 21, 2006, will now expire on December 21, 2007. Each full share purchase warrant entitles the holder thereof the right to acquire one common share in the capital of Northwestern at a price of $0.70.
ABOUT NORTHWESTERN:
Northwestern Mineral Ventures (http://www.northwestmineral.com/) is an international natural resource exploration company with an experienced management team. The company is focused on properties in Niger and Canada with potential uranium targets. Northwestern also has a precious and base metal property in Mexico. Northwestern is listed on the NASD Bulletin Board under the symbol "NWTMF" and the TSX Venture Exchange under the symbol "NWT."
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
This news release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.
