Business
Patriot Gold Corp Announces Normal Course Issuer Bid
Patriot Gold Corp Announces Normal Course Issuer Bid.
About this update from Patriot Gold Corp.
[{"type":"text","content":"LAS VEGAS, NV / ACCESSWIRE / June 11, 2019 / Patriot Gold Corp. (CSE: PGOL) (OTCQB: PGOL) announced today that it is making a normal course issuer bid through the facilities of the Canadian Securities Exchange. Under the normal course issuer bid, Patriot Gold Corp (Patriot) will purchase up to 4,000,000 common shares of the currently issued and outstanding common shares of Patriot. The normal course issuer bid will not extend beyond May 31, 2020. Any purchases will be made by Patriot at the prevailing market prices of the shares at the time of purchase. All shares purchased will be cancelled. The actual number of shares purchased, timing of purchases and the price at which the shares are bought will depend upon future market conditions and potential alternative uses for Patriot's cash resources.About Patriot Gold CorpPatriot is exploring its 100%-owned gold projects in Nevada, which include the Vernal project and the Windy Peak project. Patriot owns a 3% royalty in the Moss Mine in Arizona, now in commercial production. Patriot also owns a 2% royalty in the Bruner gold project in Nevada.On Behalf of the Board of PatriotTrevor Newton, President, DirectorContact: 702-456-9565www.PatriotGoldCorp.comThe CSE has neither approved nor disapproved the information contained herein.Forward-Looking Statements:This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release may include statements in relation to the timing, cost and other aspects of future plans, objectives or expectations of Patriot Gold Corp. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Patriot's plans include the risk that actual results of current and planned exploration activities will not be consistent with Patriot's expectations; the geology, grade and continuity of any mineral deposits and the risk of unexpected variations in mineral resources, grade and/or recovery rates; fluctuating metals prices; unanticipated costs and expenses; uncertainties i...