Searchlight Resources receives TSXV approval for purchase of the Bootleg Gold property.
TSXV : SCLT US : SCLTF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
March 24, 2024
Searchlight Resources receives TSXV approval for
purchase of the Bootleg Gold property.
Vancouver, British Columbia, March 24, 2023 - Searchlight Resources Inc. (“Searchlight” or the
“Company”) (TSXV: SCLT, OTCQB: SCLTF) is pleased to announce that the Company has received
approval from the TSX Venture Exchange (the “Exchange”) to issue common shares as consideration
for the purchase by Searchlight of the 25% interest plus 1.0% NSR in the Bootleg Lake Gold property
from New Moon Minerals Corp. (“New Moon”)
Consideration for the acquisition of the 25% interest plus 1.0% NSR in the Bootleg Lake Gold property
consists of 6,000,000 common shares of Searchlight. The common shares will be issued to New Moon.
All securities issued are subject to a four-month hold period from the date of issue.
About Searchlight Resources Inc.
Searchlight Resources Inc. ( TSXV: SCLT ; OTCQB:SCLTF) is a Canadian mineral exploration and
development company focused on Saskatchewan, Canada, which has been ranked as the top location
for mining investment in Canada by the Fraser Institute. Exploration focus is on battery minerals and
gold throughout the Province, concentrating on projects with nearby infrastructure.
On behalf of the Board of Directors,
“Stephen Wallace”
Stephen Wallace, President, CEO and Director
SEARCHLIGHT RESOURCES INC.
For further information, visit the Company’s website at www.searchlightresources.com or contact:
Searchlight Resources Inc.
Alf Stewart, VP Corporate Development
(604) 331-9326
Forward-Looking Statements
Information set forth in this news release contains forward -looking statements that are based on
assumptions as of the date of this news release. These statements reflect management’s current
estimates, beliefs, intentions and expectations. They are not gu arantees of future performance. The
TSXV : SCLT US : SCLTF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
Company cautions that all forward -looking statements are inherently uncertain, and that actual
performance may be affected by a number of material factors, many of which are beyond the Company’s
control. Such factors inc lude, among other things: risks and uncertainties relating to the Company’s
limited operating history and the need to comply with environmental and governmental regulations.
Accordingly, actual and future events, conditions and results may differ materiall y from the estimates,
beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as
required under applicable securities legislation, the Company undertakes no obligation to publicly
update or revise forward-looking information.
NEITHER 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.