ALLEGIANT to Begin Trading on OTCQX
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NEWS RELEASE
ALLEGIANT to Begin Trading on OTCQX
Vancouver, BC, Canada, February 23, 2018, Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX -V) is
pleased to announce that its common shares will begin trading on the OTCQX under the trading symbol
“AUXXF” on Monday, February 26 . In addition, the common shares of ALLEGIANT trading on the
OTCQX are DTC eligible.
The OTCQX Best Market offers transparent and efficient trading of established, investor -focused U.S.
and global companies . To qualify for the OTCQX market, companies m ust meet high financial
standards, follow best practice corporate governance, demonstrate compliance with U.S. securities
laws and have a professional third -party sponsor introduction . The companies found on OTCQX are
distinguished by the integrity of the ir operations and diligence with which they convey their
qualifications.
The common shares of ALLEGIANT are eligible to be electronically cleared and settled through The
Depository Trust Company (“DTC”). This electronic method of clearing securities reduces costs, risks,
and boost efficiencies in the marketplace by providing end-of-day net settlement obligations for trades
in the United States.
ALLEGIANT’s common shares continue to trade on the TSX Venture Exchange under the trading symbol
“AUAU”.
About ALLEGIANT
ALLEGIANT is led by CEO Andy Wallace, who is credited with discovering a number of multi -million-
ounce gold mines in Nevada . ALLEGIANT owns 14 highly -prospective drill-ready gold projects in the
United States, 11 of which are located in the mining-friendly jurisdiction of Nevada, and has announced
plans to drill 10 projects, including its flagship Eastside gold project. A drill program is currently
underway at Eastside and is focused on resource expansion at the Original Zone, an area within
Eastside, which hosts a pit -constrained inferred resource totaling 721,000 gold equivalent ounces 1
(35,780,000 tons grading 0.63g/t gold eq uivalent). In addition to the Original Zone deposit, Eastside
hosts numerous additional exploration targets and historical resources of 272,153 ounces gold 2
(11,177,761 tons grading 0.82g/t gold).
Further information regarding ALLEGIANT's projects and ALLEGIANT's board and management team
can be found by visiting www.allegiantgold.com.
Allegiant Gold Ltd.
1090 Hamilton Street
Vancouver, BC V6B 2R9, Canada
www.allegiantgold.com
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ON BEHALF OF THE BOARD,
Robert F. Giustra
Chairman
For more information contact:
Investor Relations
(604) 634-0970 or
1-888-818-1364
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.
1 For more information, see the NI 43 -101 technical report entitled “Resource Estimate and NI 43 -101 Technical Report,
Eastside and Castle Gold -Silver Project, Esmeralda County, Nevada” prepared by Steven J. Ristorcelli CPG of Mine
Development Associates for Allegiant Gold Ltd. with an Effective Date of July 25, 2017, dated September 1, 2017, and filed
on SEDAR under the profile of Allegiant Gold Ltd. on January 24, 2018.
2 The historical resource estimate for the Eastside gold project was completed by Jame s D. Greybeck, Senior Geologist for
Cordex Exploration Co. in April, 1999, under the direction of Andy B. Wallace, then Manager of Cordex Exploration Co. and
Vice President of Rayrock Mines, Inc. This report and data used in its preparation has been recent ly reviewed by Andy B.
Wallace for the purpose of this press release under his obligations a Qualified Person as defined under NI 43 -101 who has
reviewed and approved the technical contents of this press release. Drill data used for Greybeck’s report was f rom Cordex
Exploration Co., Kennecott Exploration, Houston Oil and Minerals, Falcon Exploration, and Mintek Resources which data is
on file in the offices of Cordex Exploration Co. The data is judged relevant and reliable by Andy B. Wallace. The resource was
termed a “Geologic Resource” at the time of Greybeck’s report, which was in line with current practice for the time. Mr.
Greybeck prepared geological cross sections and calculated the resource by hand, using a polygonal method with a lower
cut-off of .005 opt Au (0.17 g/t Au). Where drilling was closely spaced gold values were interpolated between cross sections
using weighted averages projected 50 feet on either side of the cross section. A qualified person has not performed sufficient
work to classify the historical estimate as current mineral resources or mineral reserves. The Company is not treating the
historical estimate as current mineral resources or mineral reserves. For more information, see news releases entitled
“Columbus Acquires Claims Hosting a Historical Estimate of 272,000 Ounces of Gold Resources Contiguous with its Eastside
Gold Project in Nevada” dated and filed under the profile of Columbus Gold Corp. on SEDAR on January 20, 2017.