Business
Blackrock Gold Corp. Announces Settlement of Approximately $882,000 of Outstanding Debt
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2017) - Blackrock Gold Corp . ...
About this update from Blackrock Silver Corp
[{"type":"text","content":"\nBlackrock Gold Corp. Announces Settlement of Approximately $882,000 of Outstanding DebtVancouver, British Columbia--(Newsfile Corp. - February 6, 2017) - Blackrock Gold Corp. (TSXV: BRC) (\"Blackrock\" or the \"Company\") is pleased to announce that the outstanding debt of $882,000 owed to Silcum Resources Limited and Precious Metals Corporation has been settled. The creditors have forgiven the outstanding debt in consideration of an aggregate payment of $30,000.00 from the Company. Silcum Resources Limited forgave outstanding debt in the amount of approximately $285,000 upon receipt of $10,000.00. Precious Metals Corporation forgave debt in the amount of approximately $597,000 upon receipt of $20,000. Michael O'Connor, CEO, commented \"Settling the debt is a very important step forward for the Company. It is one of a series of actions initiated by the Board of Directors to position Blackrock to advance its business plan which is focused on the acquisition of quality advanced gold and silver projects that have near term production potential and are located in mining friendly jurisdictions. Working closely with the members of the Board of Directors, all of whom are very experienced and well respected mining industry professionals, I believe we can achieve the Company's goals.\" For further information, please contact:Michael E. O'ConnorCEOBlackrock Gold CorporationTelephone 604-317-6197Email [email protected] The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This press release contains forward‑looking statements. All statements, other than statements of historical fact, constitute \"forward‑looking statements\" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.Forward‑looking statements are generally identifiable by the use of the words \"may\", \"...