Antler Gold completes acquisition of Wilding Lake Project
Antler Gold completes acquisition of Wilding Lake Project
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.
View original content: http://www.newswire.ca/en/releases/archive/May2017/26/c1195.html
%SEDAR: 00038775E
For further information:
Daniel Whittaker, Director, President and Chief Executive Officer, T: (902) 488-4700
CO: Antler Gold Inc.
CNW 14:18e 26-MAY-17