Business
Gold79 Announces Issuance of Shares for Gold Chain Option Payment
Ottawa, Ontario--(Newsfile Corp. - August 15, 2023) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF...
About this update from West Point Gold Corp.
[{"type":"text","content":"Gold79 Announces Issuance of Shares for Gold Chain Option PaymentOttawa, Ontario--(Newsfile Corp. - August 15, 2023) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) (\"Gold79\" or the \"Company\") announces that it has issued 2,062,548 common shares of the Company in connection with a US$48,000 ($63,283) 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 have a statutory hold period until December 15, 2023.About Gold79 Mines Ltd.Gold79 Mines Ltd. is a TSX Venture listed company focused on building ounces in the Southwest USA. Gold79 holds 100% earn-in option to purchase agreements on three gold projects: the Jefferson Canyon Gold Project and the Tip Top Gold Project both located in Nevada, USA, and, the Gold Chain Project located in Arizona, USA. In addition, Gold79 holds a 32.3% interest in the Greyhound Project, Nunavut, Canada under JV by Agnico Eagle Mines Limited.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.Stay Connected with Us:Twitter: @Gold79MinesFacebook: https://www.facebook.com/Gold79MinesLinkedIn: https://www.linkedin.com/company/gold79-mines-ltd/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 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...