Desert Gold Announces Issuance of Bonus Shares
For Immediate Release
TSX.V: DAU Frankfurt: QXR2 OTC: DAUGF
DESERT GOLD ANNOUNCES ISSUANCE OF BONUS SHARES
Delta, British Columbia, November 27, 2017. Desert Gold Ventures Inc. (the “Company”) (TSX.V: DAU, FF: QXR2, OTC: DAUGF) announces that its Board of Directors has approved the issuance of an aggregate of 457,407 common shares of the Company (the “Bonus Shares”) to Sonny Janda, Chief Executive Officer, and Jared Scharf, President at a deemed price of $0.27 per Bonus Share, subject to the approval of the TSX Venture Exchange. The Board of Directors of the Company has exercised its discretion to issue the Bonus Shares in lieu of a cash bonus payment pursuant to the provisions of Mr. Janda’s and Mr. Scharf’s management agreements with the Company. The Bonus Shares will be subject to a four month hold period pursuant to the policies of the TSX Venture Exchange.
ON BEHALF OF THE BOARD
“Jared Scharf”
____________________ Jared Scharf, President +1 (858) 247 8195 +1 (604) 245 6802
| For further information please visit our website www.desertgold.ca | or information available on |
| www.SEDAR.com under the company’s profile. |
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
4770 72nd Street, Delta | British Columbia | Canada | V4K 3N3| Office +1 (604) 245 6802 | Fax +1 (604) 592 6882 AC/5806099.1