Desert Gold Receives DTC Eligibility for its Common Shares
Suite 210, Surrey, British Columbia | Canada | V3T 2X9 | Office +1 (604) 357 4726 | Fax +1 (604) 592 6882
For Immediate Release
TSX.V: DAU
Frankfurt: QXR2
OTCQB: DAUGF
Desert Gold Receives DTC Eligibility for its Common Shares
Delta, British Columbia, January 27, 2022 Desert Gold Ventures Inc. (the “Company”) (TSX.V: DAU, FSE: QXR2,
OTCQB: DAUGF) is pleased to announce that its common shares are now eligible for electronic clearing and settlement
through the Depository Trust Company (“DTC”).
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic
clearing and settlement for publicly traded companies. Securities that are eligible to be electronically cleared and settled
through the DTC are considered to be “DTC eligible”.
DTC eligibility will simplify the process of trading and transferring the Company’s common shares in the United States
and is also expected to enhance the liquidity profile of its common shares in the United States due to the accelerated
settlement period and reduction in trading costs for investors and broker/dealers.
Desert Gold’s President & CEO Jared Scharf commented, “Listing Desert Gold’s common shares to the OTCQB last year
was the first step to improve the Company’s liquidity profile in the US. DTC eligibility is the next step in the process and
will allow us to engage a larger US based investor audience as we continue to develop our regional flagship SMSZ Project
located in Western Mali.”
On Behalf of the Board
“Jared Scharf”
___________________________
Jared Scharf
President, CEO & Director
About Desert Gold
Desert Gold Ventures Inc. is a gold exploration and development company which holds 2 gold exploration permits in
Western Mali (SMSZ Project and Djimbala) and its Rutare gold project in central Rwanda. In Mali, Desert Gold’s SMSZ
property hosts Measured and Indicated Mineral Resources of 8.47 million tonnes grading 1.14 g/t gold totaling 310,300
ounces and Inferred Mineral Resources of 20.7 million tonnes grading 1.16 g/t gold totaling 769,200 ounces. For further
information please visit www.SEDAR.com under the company’s profile. Website: www.desertgold.ca
This news release contains forward -looking statements. These forward- looking statements entail various risks and
uncertainties that could cause actual results to differ materially from those reflected in these forward- looking statements.
Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results
may differ materially from those contained in such statements. These uncertainties and risks include, but are not limit ed
to, the strength of the capital markets, the price of gold; operational, funding, liquidity risks, the degree to which Mineral
Resource estimates are reflective of actual Mineral Resource s, the degree to which factors which would make a mineral
deposit commercially viable, and the risks and hazards associated with mining operations. Risks and uncertainties about
the Company's business are more fully discussed in the company's disclosure materials filed with the securities regulatory
authorities in Canada and available at www.sedar.com and readers are urged to read these materials. The Company
Suite 210, Surrey, British Columbia | Canada | V3T 2X9 | Office +1 (604) 357 4726 | Fax +1 (604) 592 6882
assumes no obligation to update any forward- looking statement or to update the reasons why actual results could differ
from such statements unless required by law. Neither the TSX Venture Exchange nor its regulation services provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts re sponsibility for the adequacy or accuracy of
this release. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described
herein in the United States. The securities described herein have not been and will not be registered under the United States
securities act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a
U.S. person absent an exemption from the registration requirements of such act.
Contact
Jared Scharf, President and CEO
Email: [email protected]
Tel. No.: +1 (858) 247-8195