Antler Gold completes acquisition of Wilding Lake Project
May 26 2017 - 2:18PM
PR Newswire (Canada)
HALIFAX, May 26, 2017 /CNW/ - Further to its announcement
of May 4, 2017, Antler Gold Inc.
("Antler" or the "Company") (TSXV: ANTL) is pleased to report that
effective May 25, 2017, the Company
has completed its acquisition of a 100% interest in 859 mineral
claims held under 40 map-staked licences comprising the Wilding
Lake Project pursuant to the Option Agreement between the Company
and Altius Resources Inc. ("Altius") dated September 15, 2016, as amended. Concurrently with
the completion of the transfer of the Wilding Lake property to the
Company, the Company and Altius entered into a royalty agreement
pursuant to which Altius has retained a 2% net smelter royalty in
respect of commercial production from the property, subject to
reduction for underlying royalty obligations.
CAUTIONARY STATEMENT:
This press release may contain forward-looking information. This
information is based on current expectations and assumptions
(including assumptions in connection with the continuance of the
Company as a going concern and general economic and market
conditions) that are subject to significant risks and uncertainties
that are difficult to predict. Actual results may differ materially
from results suggested in any forward-looking information. The
Company assumes no obligation to update forward-looking information
in this release, or to update the reasons why actual results could
differ from those reflected in the forward-looking information
unless and until required by securities laws applicable to the
Company. Additional information identifying risks and uncertainties
is contained in the Company's filings with the Canadian securities
regulators which filings are available at www.sedar.com.
Neither 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.
SOURCE Antler Gold Inc.
Copyright 2017 Canada NewsWire
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