Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF Newrange Gold Files AGSM Material and NI 43-101 Report on the Copalquin Gold-Silver Project
250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. 1 (877) 271 5886 ext. 110
Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF
Newrange Gold Files AGSM Material and NI 43-101 Report on the Copalquin
Gold-Silver Project
VANCOUVER, BRITISH COLUMBIA, September 8, 2023 (TSXV: NRG, US: NRGOF, Frankfurt: X6C)
– Newrange Gold Corp. ("Newrange" or the “ Company") is pleased to announce that it has filed on
SEDAR, a Notice of Annual General and Special Meeting of Shareholders (the “ AGSM”) to be held
virtually on Thursday, October 5, 2023 at 4:00 pm Pacific Time. The accompanying Information Circular
and Proxy Vote documents have also been filed on SEDAR and all documents have been mailed to
shareholders of record as of September 1, 2023 and posted to the Newrange website here.
Of particular note, shareholders will be asked to vote upon the previously announced transaction
(Newrange News Release of May 25, 2023) whereby Newrange will acquire 100% of the issued share
capital of ASX-listed Mithril Resources Limited (“Mithril”) in a friendly business combination, resulting in
Newrange remaining as the surviving entity and Mithril being de-listed from the ASX . The arm’s length
transaction is being completed via a Scheme Implementation Deed (the “Scheme”, also available on the
Newrange website) and will be classified as a Reverse Take Over under the rules of the TSX Venture
Exchange (the “RTO”). The resulting issuer will be a Tier 2 mining issuer , to be called Pinnacle Silver
and Gold Corp. Details of the RTO are outlined in the Information Circular. Shareholders will also be
asked to vote on a 2:1 share consolidation. All components of the RTO are subject to final TSXV
approval.
As part of the RTO, the Company is undertaking a Concurrent Financing of approximately $3.6 million
that is anticipated to close in October , following the AGSM and the completion of other conditions
precedent. The Company notes that, until all conditions precedent have been satisfied, there is no
certainty that the Scheme will proceed.
In addition to the AGSM documents and in compliance with TSXV RTO Policy 5.2, the Company has
also filed on SEDAR, a National Instrument 43-101 Technical Report entitled “Copalquin Property Mineral
Resource Estimate“, authored by Qualified Persons, Rodney Webster, MAIG ; Robert Chesher,
FAusIMM; and José Olmedo, SME 426799RM, all of AMC Consultants, and having an effective date of
July 18, 2023. The report is also available on the Newrange website here. The high-grade Copalquin
Gold-Silver Project, in Durango, Mexico, is Mithril’s flagship project and will continue to be the main focus
within Pinnacle Silver and Gold Corp., although it is anticipated that Newrange’s Argosy and North Birch
Projects in the Red Lake Mining District will see a resumption of exploration in 2024.
ABOUT NEWRANGE
Newrange is an exploration company listed on the TSXV, with a focus on district-scale exploration for
precious metals in the prolific Red Lake District of north-western Ontario, Canada. The past-producing
250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. 1 (877) 271 5886 ext. 110
Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF
high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional
discovery potential. Further information can be found on our website at www.newrangegold.com.
Signed: “Robert Archer”
President & CEO
FOR FURTHER INFORMATION CONTACT:
Email: [email protected]
Tel.: +1 (877) 271-5886 ext. 110
Website: www.newrangegold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement:
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty
affecting the business of Newrange Gold Corp. Actual results may differ materially from those currently anticipated in such
statements.