Radius Gold to issue shares for Amalia Project option payment
news release
December 6, 2018
Radius Gold to issue shares for Amalia Project option payment
Vancouver, Canada: Radius Gold Inc. (TSX -V: RDU) announce s that in accordance with the
terms of its option to acquire a 100% interest in the Amalia Gold -Silver Project located in
Chihuahua, Mexico (see Radius news release of June 22, 2017) , the Company intends, subject to
stock exchange approval, to issue 74,183 common shares in its capital stock to the Project
owners. The shares will be issued at a deemed price of $0.09 per share.
Radius Gold Inc.
Radius has a portfolio of projects located primarily in the United States and Mexico which it
continues to advance, utilizing partnerships where appropriate in order to retain the Company’s
strong treasury. At the same time, management is seeking out additional investment and project
acquisition opportunities across the globe.
ON BEHALF OF THE BOARD
Simon Ridgway
President and CEO
Symbol: TSXV-RDU
Contact: Simon Ridgway
200 Burrard Street, Suite 650
Vancouver, BC V6C 3L6
Tel: 604-801-5432; Toll free 1-888-627-9378; Fax: 604-662-8829
Email: [email protected]
Website: www.radiusgold.com
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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 Statements
Certain statements contained in this news release constitute forward- looking statements within the meaning of
Canadian securities legislation. All statements included herein, other than statements of historical fact, are
forward-looking statements which include, without limitation, statements about the propoed issuance of shares by
the Company ; the Company’s business strategy, plans and outlook; the merit of the Company’s investments and
properties; timelines; the future financial performance of the Company; expenditures; approvals and other matters.
Often, but not always, these forward looking statements can be identified by the use of words such as “estimate”,
“estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detai led”, “has
been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”,
“periodically”, or statements that events, “could” or “should” occur or be achieved and similar expressions,
including negative variations.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially different from any results,
performance or achievements expr essed or implied by forward- looking statements. Such uncertainties and factors
include, among others, the proposed issuance of shares by the Company ; changes in general economic conditions
and financial markets; the Company or any joint venture partner not having the financial ability to meet its
exploration and development goals; risks associated with the results of exploration and development activities,
estimation of mineral resources and the geology, grade and continuity of mineral deposits; unanticipated costs and
expenses; and such other risks detailed from time to time in the Company’s quarterly and annual filings with
securities regulators and available under the Company’s profile on SEDAR at www.sedar.com. Although the
Company has attempted to identify important factors that could cause actual actions, events or results to differ
materially from those described in forward- looking statements, there may be other factors that cause actions, events
or results to differ from those anticipated, estimated or intended.
Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of
management, including but not limited to: that the issuance of shares by the Company will be completed as planned;
that the Company’s activities will be in accordance with its public statements and stated goals; that all required
approvals will be obtained; that there will be no material adverse change affecting the Company or its investments
or properties; and such other assumptions as set out herein. Forward- looking statements are made as of the date
hereof and the Company disclaims any obligation to update any forward- looking statements, whether as a result of
new information, future events or results or otherwise, 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, investors should not place undue reliance on forward-
looking statements.