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ALLEGIANT Extends Loan Repayment Date
VANCOUVER, British Columbia, March 01, 2019 (GLOBE NEWSWIRE) -- Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V) (AUXXF: OTCQX) announces that it has obtained an
About this update from A2 Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, March 01, 2019 (GLOBE NEWSWIRE) -- Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V) (AUXXF: OTCQX) announces that it has obtained an extension on the maturity date of a non-interest bearing grid promissory note (the “Grid Note”) payable to Columbus Gold Corp. (“Columbus”), from March 1, 2019 to December 31, 2020, in exchange for the issuance of 1,000,000 common shares (the “Shares”) of ALLEGIANT to Columbus. The Grid Note has principal balance of CDN$1,604,404.75. The issuance of the Shares to Columbus will not materially affect the percentage of securities of Allegiant beneficially owned and controlled by Columbus. The Shares to be issued will be subject to a four-month hold period under applicable securities laws and the policies of the TSXV. The issuance of the Shares is subject to TSXV final approval. ON BEHALF OF THE BOARD, Robert F. Giustra Chairman and CEO For more information contact: Investor Relations(604) 634-0970 [email protected] Neither 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. Certain statements and information contained in this press release constitute \"forward-looking statements\" within the meaning of applicable U.S. securities laws and \"forward-looking information\" within the meaning of applicable Canadian securities laws, which are referred to collectively as \"forward-looking statements\". The United States Private Securities Litigation Reform Act of 1995 provides a \"safe harbor\" for certain forward-looking statements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as \"seek\", \"expect\", \"anticipate\", \"budget\", \"plan\", \"estimate\", \"continue\", \"forecast\", \"intend\", \"believe\", \"predict\", \"potential\", \"target\", \"may\", \"could\", \"would\", \"might\", \"will\" and similar words or phrases (including negative variations) suggest...