Conquest Acquires the Golden Rose MINE Property
55 University Avenue, Suite 1805
Toronto, Ontario, Canada, M5J 2H7
www.conquestresources.com
+1 647 728 4126
NEWS RELEASE FOR IMMEDIATE DISSEMINATION
CONQUEST ACQUIRES THE GOLDEN ROSE MINE PROPERTY
Toronto, Ontario – December 12, 2017 | Conquest Resources Limited (TS X-V: “CQR”) (“Conquest” or “the
Company”) announces the completion of t he acquisition of Northern Nickel Mining Inc. (“Northern Nickel) and
with it the Golden Rose Property which encompasses the former Golden Rose gold mine located 65 kilometres
northeast of Sudbury, Ontario.
Conquest has completed the transaction through the issuance 10,000,000 shares of Conquest, representing
approximately 10% of the Conquest shares outstanding, to the shareholders of Northern Nickel in exchange for a
100% interest of Northern Nickel.
Northern Nickel is the owner of patented and staked mining claims measuring 770 hectares in size that encompass
the former Golden Rose gold mine and highly prospective North and South banded iron formations at Emerald
Lake. Conquest is planning to commence a property-wide surface exploration program following the completion
of a private placement financing.
An advisory fee was paid to Added Capital , who acted as financial advisor to Northern Nick el and initiated the
transaction, by the issuance of 600,000 shares of Conquest.
PRIVATE PLACEMENT FINANCING
As previously announced on December 7, 2017, Conquest is seeking a non-brokered private placement of up to
3,500,000 units for gross proceeds of up to $525,000, of which $350,000 or more will be used for exploration at
Golden Rose representing the flow-through portion of the private placement. T he remaining proceeds will be
used for the general expenses of the Company.
Conquest is seeking to complete this private placement prior to the end of December 2017.
COMPANY OVERVIEW
Conquest Resources Limited was first incorporated in 1945 and is a mineral exploration company that is engaged
in the exploration of mineral properties in Ontario. The Company’s principal exploration target is gold.
Conquest holds an undivided 100% interest in the Alexander Property located in the Red Lake mining camp in
Ontario. The Company also holds a 100% interest in the Smith Lake Property that encircles the former Renabie
gold mine in northern Ontario.
Following the completion of the acquisition, the Company has 106,077,728 common shares outstanding.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Benjamin Batson, P. Geo., P. Eng.
President and CEO
647-728-4134
Robert Kinloch
Executive Vice President
306-343-5799
John F. Kearney
Chairman
416-362-6686
This news release may include certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including,
without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Conquest,
are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ
materially from Conquest’s expectations are exploration risks detailed herein and from time to time in the filings made by Conquest with securities regulators.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture Exchange) accepts
responsibility for the adequacy or the accuracy of this release.