Cyon Exploration NAME Change to GOLD State Resources Inc. and New Website
CYON EXPLORATION LTD.
NEWS RELEASE
CYON EXPLORATION NAME CHANGE TO GOLD STATE RESOURCES INC. AND NEW WEBSITE
Vancouver, British Columbia (September 8, 2021) – Cyon Exploration Ltd. (the “Cyon” or the
“Company”) (TSXV: CYON | OTCQB: CYNXF | FSE: C2YD) is pleased to announce that the name
of the Company has changed to “Gold State Resources Inc.” to better reflect the business of the
Company. Effective at the opening of trading on September 13, 2021, the common shares of the
Company will trade under the new name and the new stock trading symbol of “GOST”.
The Company’s new CUSIP number is 38076D100 and its ISIN number is CA38076D1006. The
Company’s website has also been updated to www.goldstateresources.com to reflect the name
change.
The name change was previously approved by the Board of Directors of the Company and has
received all requisite approval from the TSX Venture Exchange. No action is required to be taken
by the Company’s shareholders in connection with the name change, and no other change has
been made to the Company’s share capital.
About Gold State Resources (formerly Cyon Exploration Ltd.)
Gold State is engaged in the acquisition, exploration, and development of mineral properties in
North and South America. The Company is currently focused on its Black Rock Canyon gold
property that is favorably located within the Cortez gold trend of the Battle Mountain-Eureka
belt, a productive and rapidly growing gold mining district in Nevada, as well as its newly acquired
Jumping Jack gold property located in the Moors Creek mining district of Nye County, Nevada,
approximately 55 miles north of Tonopah. The Jumping Jack Property is situated along the
eastern margin of the Walker Lane Gold Trend, ten miles north of Kinross Gold Corporation’s
well-known Round Mountain Gold Mine, and is five miles north of the nearest Round Mountain
open pit.
Gold State Resources Inc.
Per: “Brian Thurston”
2
Brian Thurston
Chief Executive Officer
Tel: +1 778 928-6565
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This release includes certain statements that may be deemed "forward-looking statements". All
statements in this release, other than statements of historical facts, that address events or
developments that the Company expects to occur, are forward-looking statements. Forward-
looking statements are statements that are not historical facts and are generally, but not always,
identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur. Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from those in the
forward-looking statements. Factors that could cause the actual results to differ materially from
those in forward-looking statements include market prices, exploitation and exploration
successes on the Company’s Black Rock Canyon, Jumping Jack and other properties, and
continued availability of capital and financing, and general economic, market or business
conditions, laws in the state of Nevada and other jurisdictions where the Company operates.
Investors are cautioned that any such statements are not guarantees of future performance and
actual results or developments may differ materially from those projected in the forward-looking
statements. Forward-looking statements are based on the beliefs, estimates and opinions of the
Company's management on the date the statements are made. Except as required by applicable
securities laws, the Company undertakes no obligation to update these forward-looking
statements in the event that management's beliefs, estimates or opinions, or other factors, should
change.