St. James GOLD Corp. Announces Settlement Agreement with Florin Resources Inc.
ST. JAMES GOLD CORP. ANNOUNCES SETTLEMENT AGREEMENT WITH
FLORIN RESOURCES INC.
Vancouver, British Columbia, March 17, 2023 - St. James Gold Corp. (the “ Company” or “St. James”)
(TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) announces it has issued 1,800,000 common shares to
Florin Resources Inc. ("Florin"), and has also issued promissory notes in favour of Florin, in connection
closing of the settlement agreement with Florin announced on March 8, 2023 (the “ Settlement
Agreement”). A full des cription of the terms of the Settlement Agreement are in the Company's news
release of March 8, 2023.
About St James Gold Corp.
St. James Gold Corp. is a publicly traded company listed on the TSX Venture Exchange under the trading
symbol “LORD”, in the U. S. Market listed on OTCQB under "LRDJF" and on the Frankfurt Stock
Exchange under “BVU3”. The Company is focused on creating shareholder value through the discovery
and development of economic mineral deposits by acquiring prospective exploration projects with well-
delineated geological theories; integrating all available geological, geochemical, and geophysical datasets;
and financing efficient exploration programs. The Company currently holds: (i) 100 -per-cent stake in 29
claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to
New Found Gold Corp.’s Queensway North project; and (ii) a 100-per-cent stake in 9 claims and an option
to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland
located adjacent to Marathon Gold's Valentine Lake property.
For more corporate information please visit: http://stjamesgold.com/
St. James Gold Corp.
For further information, please contact:
Jiang Yu, Chief Executive Officer
Tel: 1 (800) 278-2152
Email: [email protected]
Forward Looking Statements
This news release contains forward -looking statements and forward -looking information within the
meaning of Canadian securities laws (collectively, “ forward-looking statements”). All other statements
that are not historical facts, particularly statements that express, or involve discussions as to, expectations,
beliefs, plans, objectives, assumptions or future events or performance of the Company. Often, but not
always, forward-looking statements can be identified through the use of words or phrases such as “will
likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”,
“estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”. Forward-
looking statements contained in this news release are made based on reasonable estimates and assumptions
made by management of the Company at the relevant time in light of its experience and perception of
historical trends, current conditions and expected future developments, as well as other factors that are
believed to be appropriate and reasonable in the circumstances. Forward -looking statements contained in
this news release are made as of the date of this news r elease and the Company will not update any such
forward-looking statements as a result of new information or if management’s beliefs, estimates,
assumptions or opinions change, except as required by law. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-
looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, many of
which are beyond the Company’s control, which could cause actual results, performance, achievements and
events to differ materially from those that are disclosed in or implied by such forward-looking statements.
Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID -19
pandemic and other factors outlined in the Company’s Annual Information Form dated July 26, 2021 (the
“AIF”) filed under the Company’s profile on SEDAR at www.sedar.com. The Company cautions that the
list of risk factors and uncertainties described in its AIF on SEDAR are not exhaustive and other factors
could materially affect its results.
New factors emerge from time to time, and it is not possible for the Comp any to consider all of them, or
assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause
results to differ materially from those contained in any forward -looking statement. Any forward -looking
statements contained in this news release are expressly qualified in their entirety by this cautionary
statement.
NEITHER THE 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.