Gaia Metals Announces Re-Filing of Q3 2021 Financial Statements and MD&A
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666 Burrard Street
Suite 500
Vancouver, BC
V6C 3P6
FSE: R9G / OTC: RGDCF / TSXV: GMC gaiametals.com
Gaia Metals Announces Re-Filing of Q3 2021 Financial Statements and
MD&A
April 27, 2021, Vancouver, British Columbia, Canada — Gaia Metals Corp. (the “Company”) (TSX.V:
GMC) (OTCQB: RGDCF) (FSE: R9G) advises it has refiled its December 31, 2020 interim financial
statements following a review of the statements by the Company’s auditors . The material changes were
the adjustment s related to valuation of common shares and warrants issued in connection with the
acquisition of 100% interest in the Company’s Freeman Creek Property (“Freeman Creek”) located in
Idaho, USA . Readers are encouraged to review the restated financial statements and MD&A, or to
contact the Company for details.
Please refer to the amended and restated financial statements as refiled on SEDAR and available for
review.
The adjustments resulting from the interim review are explained as follows:
1. Adjusted valuation of 2,000,000 common shares issued on August 12, 2020 in connection with
an acquisition of 100% interest in Freeman Creek. As a result of this adjustment, the Company’s
exploration and evaluation property i ncreased by $167,500 and share capital increased by the
same amount.
2. Recorded the value of 1,000,000 share purchase warrants granted on August 12, 2020 in
connection with an acquisition of 100% interest in Freeman Creek . As a result of this
adjustment, the Company’s exploration and evaluation property increased by $140,756 and
reserves increased by the same amount.
About Freeman Creek
Freeman Creek consists of 76 claims covering approximately 599 hectares (1,481 acres) and is located
approximately 15 km northwest of Salmon, Idaho, accessible via paved highway and a network of gravel
roads and trails . Freeman Creek hosts two major advanced targets; the Gold Dyke Prospect located in
the west, and the historical Carmen Creek Mine Prospect, located in the northeast.
About Gaia Metals Corp.
Gaia Metals Corp. is a mineral exploration company focused on the acquisition and development of
mineral projects containing base and precious metals, including platinum group elements, and lithium.
The Company has two flagship asset s; the Freeman Creek Property, located in Idaho, USA , and the
Corvette-FCI Property, located in the James Bay Region of Quebec, Canada.
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666 Burrard Street
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V6C 3P6
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The Freeman Creek Property hosts two major advanced targets; the Gold Dyke Prospect wit h a 2020
drill hole intersection of 4.11 g/t Au and 33.0 g/t Ag over 12 m , and the Carmen Creek Prospect with
surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu.
The Corvette-FCI Property includes the wholly owned Corvette claim block, and the FCI East and West
claim blocks held under Option from O3 Mining Inc. The claim blocks are contiguous, and host significant
gold-silver-copper-PGE-lithium potential highlighte d by the Golden Gap Prospect with grab samples of
3.1 to 108.9 g/t Au from outcrop and 10.5 g/t Au over 7 m in drill hole, the Elsass and Lorraine prospects
with 8.15% Cu, 1.33 g/t Au, and 171 g/t Ag in outcrop, and the CV1 Pegmatite Prospect with 2.28% Li 2O
over 6 m in channel.
In addition, the Company holds the Pontax Lithium -Gold Property, QC ; the Golden Silica Property, BC ;
and the Hidden Lake Lithium Property, NWT, where the Company maintains a 40% interest, as well as
several other assets in Canada.
For further information, please contact Adrian Lamoureux, CEO and Director at Tel: 778 -945-2950, E -
mail: [email protected] or visit www.gaiametalscorp.com.
On Behalf of the Board of Directors,
“ADRIAN LAMOUREUX”
Adrian Lamoureux, CEO and Director
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 news
release.