Northern Abitibi Sells Douay Royalty FOR $325,000
NORTHERN ABITIBI MINING CORP.
SUITE 800, 808-4TH AVENUE S.W., CALGARY, ALBERTA, T2P 3E8
PH: 403.233.2636 FAX: 403.266.2606
NEWS RELEASE JANUARY 31, 2017
News Release: 17-1 Trading Symbol: TSX Venture- NAI
For Further Information Contact: Shane Ebert at 1.250.964.2699 or
Jean Pierre Jutras at 1.403.233.2636
Web: http://www.naminco.ca
NORTHERN ABITIBI SELLS DOUAY ROYALTY FOR $325,000
Northern Abitibi Mining Corp. (“Northern Abitibi or the Company”) is pleased to announce it has sold
its 1.5% Net Smelter Returns (“NSR”) Royalty from the Douay Gold Project in Quebec to Aurvista
Gold Corporation for total cash consideration of C$ 325,000.
The NSR Royalty sold covered 32 contiguous mining claims located in the north-central quadrant of
the Douay District in an area known as the Northwest Zone. Northern Abitibi no longer has any
claims or royalty interest in the Douay district.
Proceeds from the sale significantly strengthen the Company’s financial position, and will be used to
evaluate new opportunities and avenues for growth.
“Shane Ebert”
Shane Ebert
President/Director
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such
as “expects”, “projects”, “plans”, “anticipates” and similar expressions, are forward-looking information that represents management of
Northern Abitibi’s internal projections, expectations or beliefs concerning, among other things, future operating results and various
components thereof or the economic performance of Northern Abitibi. The projections, estimates and beliefs contained in such forward-
looking statements necessarily involve known and unknown risks and uncertainties, which may cause Northern Abitibi’s actual
performance and financial results in future periods to differ materially from any projections of future performance or results expressed or
implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Northern
Abitibi’s filings with the Canadian securities authorities. Accordingly, holders of Northern Abitibi shares and potential investors are
cautioned that events or circumstances could cause results to differ materially from those predicted. Northern Abitibi disclaims any
responsibility to update these forward-looking statements.