Independence Gold Acquires Property Option for Merit and Nicoamen in BC
04 April 2019 - 7:15AM
Independence Gold Corp. (TSX.V: IGO)
("Independence" or "the Company") is pleased to announces it has
received TSX Venture Exchange approval and made the initial option
payments totalling $20,000 and issued an aggregate of 200,000
common shares (the “Shares”) to Almadex Minerals Ltd. (“Almadex”)
to acquire a 60% interest in each of the Merit and Nicoamen
properties pursuant to the terms of two definitive option
agreements with Almadex (the “Option Agreements”). The Shares
are subject to a hold period of four months and one day.
The Merit and Nicoamen properties (the
“Properties”) are located in the Spences Bridge Gold Belt of
southern BC. For a detailed description of the properties, and the
terms of the Option Agreements, please refer to the Company’s
February 28, 2019 news release.
About IndependenceIndependence
Gold Corp. (TSX.V:IGO) is a mineral exploration company listed on
the TSX Venture Exchange. The Company’s holdings range from
early-stage grassroots exploration to advanced-stage resource
expansion in British Columbia and Yukon. For additional
information, visit the Company's website www.ingold.ca.
ON BEHALF OF THE BOARD OF INDEPENDENCE
GOLD CORP.
“Kendra Johnston”
Kendra Johnston, President &
Director
For further information please contact Kendra
Johnston at 604-687-3959 or info@ingold.ca
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
All statements in this press release, other than
statements of historical fact, are "forward-looking information"
with respect to Independence within the meaning of applicable
securities laws, including statements with respect to the
Company’s planned drilling and exploration activities. The Company
provides forward-looking statements for the purpose of conveying
information about current expectations and plans relating to the
future and readers are cautioned that such statements may not be
appropriate for other purposes. By its nature, this information is
subject to inherent risks and uncertainties that may be general or
specific and which give rise to the possibility that expectations,
forecasts, predictions, projections or conclusions will not prove
to be accurate, that assumptions may not be correct and that
objectives, strategic goals and priorities will not be achieved.
These risks and uncertainties include but are not limited to those
identified and reported in Independence’s public filings under
Independence Gold Corp.’s SEDAR profile at www.sedar.com.
Although Independence has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
information, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended. There
can be no assurance that such information will prove to be accurate
as actual results and future events could differ materially from
those anticipated in such statements. Independence disclaims
any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise unless required by law.
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