Chibougamau Extends Several Conditions of the West Block Option ROUYN‐NORANDA, QUÉBEC‐ Chibougamau Independent Mines Inc. (CBG‐ T S X ‐ V i n C a n a d a , C L L 1 ‐ Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF‐OTC in the US),
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Chibougamau Extends Several Conditions of the West Block Option
ROUYN‐NORANDA, QUÉBEC‐ Chibougamau Independent Mines Inc. (CBG‐ T S X ‐ V i n C a n a d a , C L L 1 ‐
Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF‐OTC in the US),
herein called Chibougamau, wishes to inform shareholders that p e r t h e a g r e e m e n t w i t h T o m a g o l d
Corporation (TSXV: LOT) dated August 11, 2023, Chibougamau has received the initial cash and share
payments. In addition, Chibougamau has received the first anniversary shares payment but, due to
market conditions, has extended both the required first anniversary $50,000 cash and $600,000 work
expenditure requirement to June 30, 2025.
Chibougamau will report to shareholders on the status of the We s t B l o c k a g r e e m e n t a t o r s h o r t l y
following the June 30, 2025 date.
This press release was written by Jack Stoch, P. Geo., Presiden t and CEO of Chibougamau Independent
Mines Inc. in his capacity as a Qualified Person (Q.P.) under NI 43‐101.
Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
We Seek Safe Harbour.
CUSIP Number 167101 203
LEI 529900GYUP9EBEF7U709
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Chibougamau Independent Mines Inc.
86, 14th Street
Rouyn‐Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
www.chibougamaumines.com
Forward‐Looking Statements
Except for historical information this News Release may contain certain “forward‐looking statements”. These statements may involve a number of known
and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the
Companies expectations and projections. A more detailed discussion of the risks is available under “disclaimer” on the Company’s website.
Press Release
December 24, 2024
61,065,536 shares issued and outstanding