Conditional Approval to Acquire Remaining 40% of Unkur Copper- Silver Project and Grants Options
AZARGA METALS CORP.
UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA
www.azargametals.com
FOR IMMEDIATE RELEASE
January 8, 2018 TSX-V: AZR
CONDITIONAL APPROVAL TO ACQUIRE REMAINING 40% OF UNKUR COPPER-
SILVER PROJECT AND GRANTS OPTIONS
AZARGA METALS CORP. ("Azarga" or the “Company”) (TSX-V:AZR) has received the
conditional approval of the TSX Venture Exchange (the “Exchange”) , subject to the
Company’s disinterestedshareholder approval, to acquire the remaining 40% of the Unkur
Copper-Silver Project to increase the Compa ny’s interest to 100% on the terms
announced on December 11, 2017. The Company has called an annual general and
special shareholder meeting for February 14, 2018 where the disinterested shareholders
will be asked to vote on this acquisition resolution. The holders of the 40% interest in the
Unkur project collectively hold just under 39% of the Company’s shares and will not vote
on this resolution.
In addition, the Company reports, the directors of Azarga granted a total of 2,320,000
incentive stock opt ions of the capital stock of the Company to directors, officers,
employees and consultants exercisable for up to a five year period at an exercise price
of $0.15 pursuant to Azarga’s shareholder approved stock option plan.
About Azarga Metals Corp.
Azarga Metals is a mineral exploration and development company that currently owns
60% of the Unkur Copper-Silver Project in the Zabaikalsky province in eastern Russia.
AZARGA METALS CORP.
"Dusty Nicol"
Dorian L. (Dusty) Nicol, President and CEO
For further information please contact: Doris Meyer, at +1 604 536-2711 ext 6, or visit
www.azargametals.com.
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.
Cautionary Statement:
Page 2
This news release contains forward -looking statements that are based on the Corporation's current
expectations and estimates. Forward -looking statements are frequently cha racterized by words such as
"plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar
words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that could cause actual events or results
to differ materially from estimated or anticipated events or results implied or expressed in such forward -
looking statements. Such factors include, amon g others: the actual results of current planned exploration
activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be
refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the
mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices .
There may be other factors that cause actions, events or results not to be as anticipated, estimated or
intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may
be required by applicable securities laws, the Corporation disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information , future events or results or otherwise.
Forward-looking statements are not guarantees of future performance and accordingly undue reliance
should not be put on such statements due to the inherent uncertainty therein.