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Independence Gold Acquires Property Option for Merit and Nicoamen in BC
VANCOUVER, British Columbia , April 03, 2019 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V: IGO) ("Independence" or "the Company") is pleased to announces
About this update from Independence Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia , April 03, 2019 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V: IGO) (\"Independence\" or \"the Company\") is pleased to announces it has received TSX Venture Exchange approval and made the initial option payments totalling $20,000 and issued an aggregate of 200,000 common shares (the “Shares”) to Almadex Minerals Ltd. (“Almadex”) to acquire a 60% interest in each of the Merit and Nicoamen properties pursuant to the terms of two definitive option agreements with Almadex (the “Option Agreements”). The Shares are subject to a hold period of four months and one day. The Merit and Nicoamen properties (the “Properties”) are located in the Spences Bridge Gold Belt of southern BC. For a detailed description of the properties, and the terms of the Option Agreements, please refer to the Company’s February 28, 2019 news release. About IndependenceIndependence Gold Corp. (TSX.V:IGO) is a mineral exploration company listed on the TSX Venture Exchange. The Company’s holdings range from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. For additional information, visit the Company's website www.ingold.ca. ON BEHALF OF THE BOARD OF INDEPENDENCE GOLD CORP. “Kendra Johnston” Kendra Johnston, President & Director For further information please contact Kendra Johnston at 604-687-3959 or [email protected] Neither the 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. All statements in this press release, other than statements of historical fact, are \"forward-looking information\" with respect to Independence within the meaning of applicable securities laws, including statements with respect to the Company’s planned drilling and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions wil...