Black Tusk Settles Outstanding Debt
BLACK TUSK RESOURCES INC.
500- 666 Burrard Street
Vancouver, BC, V6C 3P6
www.blacktuskresources.com
BLACK TUSK SETTLES OUTSTANDING DEBT
January 31, 2022 – Vancouver, British Columbia. Black Tusk Resources Inc. (the “Company ”) (CSE:
TUSK) (Frankfurt: 0NB) (OTCPK: BTKRF) is pleased to announce that it has settled outstanding
indebtedness of $72,500.
The Company settled outstanding indebtedness of $72 ,500 in exchange for an aggregate of 1,450,000
common shares of the Company at a price of $0.05 pe r common share. This debt settlement included
outstanding indebtedness of $10,500 owing to a director, Kwaku Ashong.
The securities issued will be subject to a four month and one day hold from the date of issuance.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward-looking information” within
the meaning of applicable securities law including statements relating exploration program expenditure s.
Forward-looking information is frequently character ized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate” and o ther similar words, or statements that certain even ts or
conditions “may” or “will” occur. Forward-looking s tatements are based on the opinions and estimates a t
the date the statements are made, and are subject t o a variety of risks and uncertainties and other fa ctors
that could cause actual events or results to differ materially from those anticipated in the forward-l ooking
statements including, but not limited to delays or uncertainties with regulatory approvals, including that of
the CSE, inability to effectively plan a program, t hird party land claims or failure to obtain permits . There
are uncertainties inherent in forward-looking infor mation, including factors beyond the Company’s cont rol.
There are no assurances that the business plans for the Company as described in this news release will
come into effect on the terms or time frame describ ed herein. The Company undertakes no obligation to
update forward-looking information if circumstances or management’s estimates or opinions should change
except as required by law. The reader is cautioned not to place undue reliance on forward-looking
statements. Additional information identifying risk s and uncertainties that could affect financial res ults is
contained in the Company’s filings with Canadian se curities regulators, which are available at
www.sedar.com.