Business
Gold79 Announces Gold Chain Share Payment
Ottawa, Ontario--(Newsfile Corp. - July 23, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ...
About this update from West Point Gold Corp.
[{"type":"text","content":"\nGold79 Announces Gold Chain Share PaymentOttawa, Ontario--(Newsfile Corp. - July 23, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) (\"Gold79\" or the \"Company\") announces that the Company intends to issue 306,396 common shares of the Company in connection with a US$48,000 (CAD$66,024) share payment due under the option agreement covering a portion of the Company's landholdings for the Gold Chain project in Arizona. The common shares issued will have a statutory hold period of four months and one day from the date of issuance. This shares-for-debt transaction remains subject to TSX-V approval.About Gold79 Mines Ltd.Gold79 Mines Ltd. is a TSX Venture listed company focused on building ounces in the Southwest USA. Gold79 has four gold projects, two of which are partnered with major gold producers (Kinross at Jefferson Canyon and Agnico at Greyhound). Gold79 is focused on establishing a maiden resource at its Gold Chain project in Arizona and advancing its Tip Top Project in Nevada. For further information regarding this press release contact: Derek Macpherson, President & CEOPhone: 416-294-6713Email: [email protected]: www.gold79mines.com.Book a 30-minute meeting with our CEO here. FORWARD-LOOKING STATEMENTS:This press release may contain forward-looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including any future private placement financing, the uncertainty as to whether further exploration will result in the target(s) being delineated as a mineral resource, capital expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth of the business and operations, plans and references to the Company's future successes with its business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We cau...