Radius Gold to issue shares for Amalia Project option payment
news release
December 9, 2020
Radius Gold to issue shares for Amalia Project option payment
Vancouver, Canada: Radius Gold Inc. (TSX -V: RDU) reports that it proposes, subject to stock exchange
approval, to issue 30,495 common shares in its capital stock at a deemed price of $0.2 1 per share to the
property owners of the Amalia gold/silver project in Mexico, in accordance with Radius’s option to acquire
a 100% interest in the project.
Radius Gold Inc.
Radius has a portfolio of projects located primarily in Mexico, United States and Guatemala 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 o ut 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
-2-
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 i nclude, without limitation, statements about the propo sed 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 Compa ny; 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”, “deta iled”, “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 expressed 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 n ot 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; unanticip ated 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 proposed issuance of shares by the Company will proceed 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 assu mptions 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 a s 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 r eliance on
forward-looking statements.