Cabral Gold Receives TSX Venture Exchange Approval for Warrant Extension
Cabral Gold Receives TSX Venture Exchange
Approval for Warrant Extension
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2020) -
Cabral Gold Inc.
(TSXV:
CBR) (OTC
Pink: CBGZF)
(the "
Company
")
announces it has received approval from the TSX Venture Exchange
for the previously announced extension of the term of an aggregate of 22,796,832 outstanding share
purchase warrants (the "
Warrants
") issued in connection with a non-brokered private placement that
closed on July 25, 2019. The expiry date of the Warrants was extended by four months from July 25,
2020 to November 25, 2020.
About Cabral Gold Inc.
The Company is a junior resource company and is engaged in the identification, exploration and
development of mineral properties, with a primary focus on gold properties located in Brazil.
The
Company owns the Cuiú Cuiú gold project located in the Tapajós Region within the state of Pará in
northern Brazil.
The Tapajós Gold Province is the site of the largest gold rush in Brazil's history producing an estimated
30 to 50 million ounces of placer gold between 1978 and 1995. Cuiú Cuiú was the largest garimpo in the
Tapajós and produced an estimate 2Moz of placer gold historically.
FOR FURTHER INFORMATION PLEASE CONTACT:
"Alan Carter"
President and Chief Executive Officer
Cabral Gold Inc.
Tel: 604 676 5660
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward-looking Statements
This news release contains certain forward-looking information and forward-looking statements within
the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of
the words "will", "expected" and similar expressions are intended to identify forward-looking statements.
These statements involve known and unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those anticipated in such forward-looking statements.
Such forward-looking statements should not be unduly relied upon. This news release contains forward-
looking statements and assumptions pertaining to the following: strategic plans and future operations,
and the private placement and use of proceeds. Actual results achieved may vary from the information
provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
The Company believes the expectations reflected in those forward-looking statements are reasonable,
but no assurance can be given that these expectations will prove to be correct.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/59702