VANCOUVER, British Columbia , April 03, 2019 (GLOBE NEWSWIRE) -- Independence Gold Corp. (IGO.V) ("Independence" or "the Company") is pleased to announces it has received TSX Venture Exchange approval and made the initial option payments totalling $20,000 and issued an aggregate of 200,000 common shares (the “Shares”) to Almadex Minerals Ltd. (“Almadex”) to acquire a 60% interest in each of the Merit and Nicoamen properties pursuant to the terms of two definitive option agreements with Almadex (the “Option Agreements”). The Shares are subject to a hold period of four months and one day.
The Merit and Nicoamen properties (the “Properties”) are located in the Spences Bridge Gold Belt of southern BC. For a detailed description of the properties, and the terms of the Option Agreements, please refer to the Company’s February 28, 2019 news release.
Independence Gold Corp. (IGO.V) is a mineral exploration company listed on the TSX Venture Exchange. The Company’s holdings range from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. For additional information, visit the Company's website www.ingold.ca.
ON BEHALF OF THE BOARD OF INDEPENDENCE GOLD CORP.
Kendra Johnston, President & Director
For further information please contact Kendra Johnston at 604-687-3959 or email@example.com
Neither the 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.
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to Independence within the meaning of applicable securities laws, including statements with respect to the Company’s planned drilling and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Independence’s public filings under Independence Gold Corp.’s SEDAR profile at www.sedar.com. Although Independence has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Independence disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.