Advanced Explorations Accelerates Exercise of Warrants

Advanced Explorations (OTC Other ADEXF; TSX-V: AXI) has elected to accelerate the exercise of approximately 9.2 million warrants which are exercisable at $0.40 per share.  As a result and if all warrants are exercised, the Company would stand to receive gross proceeds of $3.7 million.  All warrants must be exercised within 30 days from today otherwise they shall expire.

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