Business
Desert Gold Postpones Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - March 11, 2020) - Desert Gold Ventures Inc. (TSXV...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold Postpones Non-Brokered Private PlacementDelta, British Columbia--(Newsfile Corp. - March 11, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (\"Desert Gold\" or \"the Company\") announces that due to the current market volatility, the Company has decided to postpone its previously announced private placement. All subscription agreements and funds received to date will be returned to those subscribers. The Company will revisit its funding plans once some degree of normalcy returns to the markets.ON BEHALF OF THE BOARD\"Jared Scharf\"___________________________Jared ScharfPresident & DirectorABOUT DESERT GOLDDesert Gold Ventures Inc. is a gold exploration and development company which holds 2 gold exploration permits in Western Mali (SMSZ Project and Djimbala) and its Rutare gold project in central Rwanda. For further information please visit www.SEDAR.com under the company's profile. Website: www.desertgold.caCONTACTJared Scharf, President and DirectorEmail: [email protected]. No.: +1 (858) 247-8195This news release contains forward-looking statements respecting the Company's ability to successfully complete the Offering. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements, including the inability of the Company to successfully complete the Offering. These uncertainties and risks include, but are not limited to, the strength of the capital markets, the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with mining operations. Risks and uncertainties about the Company's business are more fully discussed in the company's disclosure materials filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. The Company assumes no obligation to update any forward-looking st...