Goliath Announces Warrant Extension
GOLIATH ANNOUNCES WARRANT EXTENSION
Toronto, Ontario – February 28 , 2023 – Goliath Resources Limited (TSX -V: GOT)
(OTCQB: GOTRF) (Frankfurt: B4I F) ( the “Company” or “Goliath”) announces that the
Company intends to extend the exercise period of a total of 4,189,136 share purchase warrants, all
of which are exercisable at $0.86 per common share (collectively, the "Warrants"). The Warrants
were issued pursuant to a private placement which closed on March 8, 2021 (see March 9, 2021
news release) . The Company propos es to extend the expiry dates for these Warrants by an
additional six months and accordingly, the new expiry dates for the Warrants will be September
5, 2023.
All other terms and conditions of the Warrants remain unchanged. The Warrant extension is
subject to acceptance by the TSX Venture Exchange.
About Goliath Resources Limited
Goliath Resources Limited is an explorer of precious metals in the prolific Golden Triangle of
northwestern British Columbia and Abitibi Greenstone Belt of Quebec. All its projects are in world
class geological settings and geopolitical safe jurisdictions amenable to mining in Canada. The
new high-grade gold-silver Surebet discovery at its 100% controlled Golddigger Property located
in the Golden Triangle, British Columbia is its flagship project.
For more information please contact:
Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1.416.488.2887
www.goliathresourcesltd.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts
responsibility for the adequacy or accuracy of this release.
Certain statements contained in this press release constitute forward-looking information. These statements
relate to future events or future performance. The use of any of the words "could", "intend", "expect",
"believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that
are not historical facts are intended to identify forward -looking information and are based on Goliath’s
current belief or assumptions as to the outcome and timing of such future events. Actual future results may
differ materially. In particular, this release contains forward-looking information relating to, among other
things, the acceptance of the extension to the term of the warrants by the TSX Venture Exchang e. Various
assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections
set out in forward-looking information. Those assumptions and factors are based on information currently
available to Goliath. Although such statements are based on management's reasonable assumptions, there
can be no assurance that the proposed transactions will occur, or that if the proposed transactions do
occur, will be completed on the terms described above.
The forward-looking information contained in this release is made as of the date hereof and Goliath is not
obligated to update or revise any forward -looking information, whether as a result of new information,
future events or otherwise, except as required by applicable securities laws. Because of the risks,
uncertainties and assumptions contained herein, investors should not place undue reliance on forward -
looking information. The foregoing statements expressly qualify any forward -looking information
contained herein.
This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase
any securities and neither this announcement nor anything contained in it shall form the basis of any
contract or commitment. In particular, this announcement does not constitute an offer to sel l, or a
solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an
offer would be illegal.
The securities referred to herein have not been and will not be will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be
offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in
Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.
NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES
DESCRIBED HEREIN.