Business
Golden Reign and Marlin Gold Enter into Further Mutual Extension of Non-Binding Letter of Intent to Combine Businesses
Golden Reign and Marlin Gold Enter into Further Mutual Extension of Non-Binding Letter of ...
About this update from Sailfish Royalty Corp.
[{"type":"text","content":"\n\n\n\nGolden Reign and Marlin Gold Enter into Further Mutual Extension of Non-Binding Letter of Intent to Combine Businesses\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, July 3, 2018\n\n\n\nVANCOUVER, July 3, 2018 /CNW/ - Golden Reign Resources Ltd. (TSXV: GRR) (\"Golden Reign\"), Marlin Gold Mining Ltd. (TSX-V: MLN) (\"Marlin\") and Sailfish Royalty Corp. (TSX-V: FISH) (\"Sailfish\") are pleased to announce that they have entered into an agreement to further extend the termination date of the previously announced non-binding letter of intent (the \"LOI\") regarding the business combination of Golden Reign's wholly-owned San Albino-Murra Property in Nueva Segovia, Nicaragua and Marlin's La Trinidad Mine in Sinaloa, Mexico (see joint press releases dated May 14, 2018 and June 28, 2018). The LOI will now terminate on the earlier of (a) July 31, 2018, (b) entering into of the definitive arrangement agreement in connection with the business combination, and (c) such other date as may be mutually agreed by the parties in writing. All other terms of the LOI remain in full force and effect, unamended.\n\n\n \n \n\n \nAbout Golden Reign: \n\nGolden Reign Resources Ltd. is a publicly listed (TSX-V: GRR) mineral exploration company engaged in exploring the San Albino-Murra Property and the El Jicaro Property, both of which are located in Nueva Segovia, Nicaragua.  The company's prime objective is to bring its San Albino Gold Deposit into production quickly and efficiently, building cash flow to further advance a number of its other prospective exploration targets.  The Company's land package comprises 13,771 hectares (138 km2) of prospective ground for gold and silver mineralization. Hundreds of historical mines and workings exist within the Corona de Oro Gold Belt, which is approximately 3 kilometres wide by 20 kilometres long and is spanned by the company's land package. For additional information please visit our website at www.goldenreign.com and SEDAR www.sedar.com. \n\nAbout Marlin Gold\n\nMarlin is a growth-oriented gold and silv...