Warrior Gold Reports Special Meeting Results
TSX-V:WAR
WARRIOR GOLD INC.
25 Adelaide Street East, Suite 1400, Toronto, Ontario, M5C 3A1 | warriorgoldinc.com | +1 647 344-3433
Warrior Gold Reports Special Meeting Results
Toronto, April 18, 2023 – Warrior Gold Inc. (TSX -V - WAR) (“Warrior Gold” or the “Company”) is
pleased to announce the results of the Company’s Special Meeting of Shareholders held Monday, April 17th
(the “Meeting”). A total of 56,246,741 common shares of the Company (the “Common Shares ”) were
represented at the Meeting, representing approximately 47% of the total number of issued and outstanding
Common Shares. The Meeting was held in connection with Warrior Gold’s planned acquisition of the Lucky
Strike project (the “Lucky Strike Property”) located in Kirkland Lake, Ontario from New Found Gold Corp.
(“NFG”) as more particularly described in the Company’s press release of February 22, 2023 (the
“Acquisition”).
At the Meeting, all resolutions were approved close to unanimously, including: (1) the approval of a name
change; (2) the consolidation of the Common Shares on the basis of four pre -consolidation Common
Shares for one post-consolidation Common Share; (3) the approval of NFG as a new control person of the
Company; and (4) all four management nominees to the board of directors , to be appointed upon
completion of the Acquisition. The resolutions will come into effect on closing of the Acquisition.
Danièle Spethmann, President and CEO of Warrior Gold stated: “The overwhelming support received from
shareholders for the acquisition of the Lucky Strike Property paves the way towards finalization of this
transformative transaction. The consolidation of Warrior Gold’s Kirkland Lake properties with the Lucky
Strike Project will create a highly prospective land package in a renowned mining district (see Map 1). We
look forward to closing the acquisition in the coming weeks.”
Map 1 – Combined land package, approximately 36,300 hectares (363 km2)1
Scientific and Technical Information
All scientific and technical information set forth herein has been reviewed by Susan Lomas , Warrior’s
Principal Technical Advisor, and a “qualified person” as defined under National Instrument 43-101.
1 Data compiled by DigiGeoData Inc. from the Government of Ontario Mining Lands Administration System (MLAS)
2
About Warrior Gold Inc.
Warrior Gold is a TSX Venture Exchange-listed company that has consolidated significant and prospective
land packages in the Kirkland Lake Gold Camp in Ontario, Canada. The properties are hosted in the Abitibi
Greenstone Belt, one of the world’s best-endowed greenstone belts with +200 million ounces of gold
produced to date2. The properties are host to regional and property-scale mineralized structures that are
considered to be second order structures off the Larder Lake Cadillac Deformation Zone – LLCDZ – the
regional structure in the belt known to be spatially associated with the gold mines hosted in the camp.
The properties assembled include: the 100%-owned Goodfish-Kirana, the Arnold property and the optioned
KL West (KLW) and KL Central (KLC). Warrior Gold’s land position in the Kirkland Lake Gold Camp
comprises approximately 25,000 ha, over 617 claims and 29 patented claims and ranks the company as
one of the largest landholders in the Kirkland Lake region.
For additional information please contact:
Danièle Spethmann, P.Geo.
President & CEO
Warrior Gold Inc.
+1 647 344-3433
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and
has neither approved nor disapproved the contents of this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock
exchange, securities commission or other regulatory authority has approved or disapproved the information
contained herein.
Forward-Looking Statements
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 Warrior
Gold’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 completion of the Acquisition, regulatory approval, and the parties’ ability to satisfy
closing conditions and receive necessary approvals. 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 Warrior Gold and NFG. Although
such statements are based on reasonable assumptions of Warrior Gold’s management, there can be no
assurance that the Acquisition will occur, or that if the Acquisition does occur, it will be completed on the
terms described in the Company’s press release dated February 22, 2023.
Forward-looking information contained in this news release is based on certain factors and assumptions
regarding, among other things, the receipt of all necessary regulatory approvals and satisfaction of other
conditions to the completion of the Acquisition, availability of necessary financing, potential mineralization
on the Lucky Strike Property, and other similar matters. While Warrior Gold consider s these assumptions
to be reasonable based on information currently available to them, they may prove to be incorrect. Forward-
looking information involves known and unknown risks, uncertainties and other factors which may cause
2 https://www.agnicoeagle.com/English/exploration/exploration-projects/Kirkland-Lake-project/default.aspx
3
the actual results, performance or achievements to be materially different from any future results,
performance or achievements expressed or implied by the forward- looking information. Such factors
include risks inherent in the exploration and development of mineral deposits, including risks relating to
changes in project parameters as plans continue to be redefined, risks relating to v ariations in grade or
recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of
minerals, risks related to increased competition and current global financial conditions, access and supply
risks, reliance on key personnel, operational risks, regulatory risks, including risks relating to the acquisition
of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental
risks.
The forward-looking information contained in this release is made as of the date hereof, and Warrior Gold
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.