The acquisition was completed pursuant to the terms of an option agreement dated
On
In accordance with the terms of the Option Agreement, upon acquiring the Acquired Interest, Golden Valley and
About
Cautionary Note Regarding Forward-Looking Information
This news release contains 'forward-looking information' within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. The information in this news release about the NCIB; the intentions of the Company to purchase Shares under the NCIB; the beliefs of management regarding the trading and value of the Shares and any other information herein that is not a historical fact may be 'forward-looking information'. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes' or 'intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could', 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions, including the assumptions listed below, and estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the volatility in the trading price of the Shares of the Company; the ability of the Company to implement the NCIB; the ability of the Company to complete further exploration activities, including drilling; property interests; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks and community and non-governmental actions. The key assumptions that have been made in connection with the forward-looking statements include the following: the price of the Shares not adequately reflecting the value of the Company; the number of Shares to be repurchased for cancellation under the NCIB and generating value for the shareholders of the Company. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
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