Closing of Conversion of Director Fees
CLOSING OF CONVERSION OF DIRECTOR FEES
November 24, 2020 Vancouver, BC. Patagonia Gold Corp. (“Patagonia” or the “Company”)
(TSXV: PGDC) announces the closing of the conversion of the director fees (the “Director
Fee Conversion”) previously announced on November 17, 2020. Pursuant to the Director
Fee Conversion, the Company converted an aggregate of US$30,000 and £74,000 of debt
owed to certain directors of the Company and former directors of a wholly-owned
subsidiary and issued 1,201,111 common shares to th e directors at price of $0.14 per
share.
About Patagonia Gold
Patagonia Gold Corp. is a mining and development co mpany listed on the TSX Venture
Exchange. The Company seeks to grow shareholder val ue through exploration and
development of gold and silver projects in the Pata gonia region of Argentina. The
Company is primarily focused on the Calcatreu project in Rio Negro and the development
of the Cap Oeste underground project. Patagonia, i ndirectly through its subsidiaries or
under option agreements, has mineral rights to over 365 properties in several provinces
of Argentina and Chile and is one of the largest landholders in the province of Santa Cruz,
Argentina.
For more information, please contact:
Dean Stuart
T: 403 617 7609
Christopher van Tienhoven
Chief Executive Officer
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.