Advanced Gold - Announce Proposed Debt Settlement - March 27, 2024
ADVANCED GOLD EXPLORATION ANNOUNCES PROPOSED DEBT SETTLEMENT
Toronto, Ontario – March 27, 2024 - Advanced Gold Exploration Inc (AUEX.CSE) (the "Company")
is pleased to announce it has agreed to settle an aggregate of $16,650 of indebtedness to an arm's length
creditor of the Company through the issuance of 602,410 common shares in the capital of the Company
(the "Common Shares") at a price of $0. 05 per Common Share (the "Debt Settlement"). The Common
Shares issued pursuant to the debt settlement shall be subject to a four-month hold period and completion
of the transaction remains subject to final acceptance of the Canadian Securities Exchange.
About Advanced Gold Exploration Inc.
Advanced Gold Exploration (Formerly Advance United Holdings Inc.) brings an entirely different approach
to the mining industry. We don’t mine. Rather, we’ve acquired a portfolio of undervalued gold properties
and are increasing their value through the application of modern technology. We hav e a growing pipeline
of similar properties that we are looking to acquire. We are involved exclusively in the acquisition and
advancement of past projects – with no intent to bring them back into production or to mine them ourselves.
Our expertise is in identifying and acquiring undervalued properties with significant historical work, which
were uneconomic at the time, but we believe have economic value at today’s prices. We fund the re-working
historic data and applying modern technology to underwrite new qualified reports, document quantifiable
resources and reserves to current standards, thereby recognizing the current value. Our purpose is to bring
immediate and long-term value to our partners and shareholders while seeking to eliminate exploration risk,
so that we can all advance in the shortest possible time frame. For additional information about us, our
projects, or to find out how we can assist in the advancement of your project contact our CEO.
Contact Information
James Atkinson, M.Sc., P. Geo.,
CEO Advanced Gold Exploration Inc.
Email: [email protected]
Tel: (647) 278-7502
Forward-Looking Information and Cautionary Statements
This news release contains certain "forward -looking information" within the meaning of applicable
securities law. Forward looking information is frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and
other similar words, or statements that certain events or conditions "may" or "will" occur. These statements
are only predictions. Forward-looking information is based on the opinions and estimates of management
at the date the information is provided, and is subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from those projected in the forward -
looking information. For a description of the risks and uncertainties facing the Company and its business
and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company
undertakes no obligation to update forward -looking information if circumstanc es or management's
estimates or opinions should change, unless required by law. The reader is cautioned not to place undue
reliance on forward-looking information.