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GGX Gold Earns Cash and Shares from Its 9% Interest in a Golden Triangle Property Syndicate
VANCOUVER, BC / ACCESSWIRE / August 15, 2017 / GGX Gold Corp. (TSX-V: GGX), (OTC PINK: GGXXF) ,...
About this update from Ggx Gold Corp.
[{"type":"text","content":"GGX Gold Earns Cash and Shares from Its 9% Interest in a Golden Triangle Property SyndicateVANCOUVER, BC / ACCESSWIRE / August 15, 2017 / GGX Gold Corp. (TSX-V: GGX), (OTC PINK: GGXXF), (the \"Company\" or \"GGX\") is pleased to announce it has received initial share and cash proceeds from its 9% investment in a Syndicate which holds properties in the Golden Triangle area of north western British Columbia.\nTwo of the Syndicate's' properties, the Empire and Midas were optioned to Ardonblue Ventures Inc. (ARB.TSXV) for which GGX received a $54,000 cash payment, 1,476,000 common shares of Ardonblue and 1,476,000 warrants with an exercise price of $.08 per share valid until July 17, 2022. The shares and warrants have a hold period expiring on November 18, 2017.\nGGX has also received a cash payment of $27,000 from Goliath Resources Inc., 891,000 common shares and 891,000 warrants of Goliath from its option of four syndicate properties. At present, Goliath is not a publicly traded company but has entered into a definitive Reverse Takeover agreement with TSX Venture listed Bitumen Capital (BTM.H) of which TSX Venture and shareholder approval is pending.\nOn Behalf of the Board of Directors,\nBarry Brown, Director\n604-488-3900\nInvestor Relations: \nMr. Jack Singh: 604-720-6598 E-mail: [email protected]\n\"We don't have to do this, we get to do this\"\n-The Crew\nTo view the graphic, please click here\nForward Looking Information\nThis news release includes certain statements that constitute \"forward-looking information\" within the meaning of applicable securities law, including without limitation, the Company's information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, ...