Signature Resources Ltd. Announces Receipt of Funds from Junior Exploration Assistance Program and Extension to Private Placement
SIGNATURE RESOURCES LTD.
SIGNATURE RESOURCES LTD. ANNOUNCES RECEIPT OF FUNDS FROM JUNIOR
EXPLORATION ASSISTANCE PROGRAM AND EXTENSION TO PRIVATE PLACEMENT
FOR IMMEDIATE RELEASE July 21, 2017
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
Toronto, Ontario, July 21, 2017 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF) ( "Signature"
or the " Company ") is pleased to announce that the company’s Lingman Lake proper ty qualified under the
provisions of the Junior Exploration Assistance program and has received the maximum allowed grant of
$100,000. Signature Resources wishes to thank the Ontario P rospectors Association and Northern Ontario
Heritage Fund Corporation, administrators of the program, for their support of the junior mineral exploration
sector.
In addition, Signature Resources wishes to announce the extensi on of its previously-announced non-brokered
private placement of non-flow-through units and flow-thro ugh units for aggregate gross proceeds of up to
$1,500,000 (the “ Offering ”) until August 25, 2017. Additional details regarding th e Offering can be found in
the Company’s news release dated May 24, 2017.
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor
shall it constitute an offer, solicitation or sale in any jur isdiction in which such offer, solicitation or sale is
unlawful. These securities have not been, and will not be, regi stered under the United States Securities Act of
1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S.
persons unless registered or exempt therefrom.
About Signature
The Lingman Lake gold property consists of four free hold p atented claims and the 50 staked claims, totaling
9,896.8 hectares. The property hosts an historic estimate of 234,684 oz of gold* (1,063,904 tonnes grading 6.86
g/t with 2.73 gpt cut-off) and includes what has historical ly been referred to as the Lingman Lake Gold Mine,
an underground substructure consisting of a 126.5-meter shaft, and 3-levels at 46-meters, 84-meters and 122-
meters depths.
*This historical resource estimate is based on prior data and reports obtained and prepared by previous operators,
and information provided by governmental authorities. A Qualified Person has not done sufficient work to verify
the classification of the mineral resource estimates in accordance with current CIM categories. The Company is
not treating the historical estimate as a current NI 43-101- compliant mineral resource estimate. Establishing a
current mineral resource estimate on the Lingman Lake deposit wil l require further evaluation, which the
Company and its consultants intend to complete in due cours e. Additional information regarding historical
resource estimates is available in the technical report entitled, “Technical Report on the Lingman Lake Property”
dated December 20, 2013, prepared by Walter Hanych, P.Geo., and Fr ank Racicot, P.Geo., available on the
Company’s SEDAR profile at www.sedar.com
To find out more about Signature Resources Limited, visit o ur website at www. signatureresources .ca , or
contact:
Walter Hanych
Chief Executive Officer
705.445.0184
Cautionary Notes
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 news release.
This news release contains forward-looking statemen ts which are not statements of historical fact. For ward-looking
statements include estimates and statements that de scribe the Company’s future plans, objectives or go als, including
words to the effect that the Company or management expects a stated condition or result to occur. Forw ard-looking
statements may be identified by such terms as “beli eves”, “anticipates”, “expects”, “estimates”, “may” , “could”,
“would”, “will”, or “plan”. Since forward-looking s tatements are based on assumptions and address futu re events
and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based
on information currently available to the Company, the Company provides no assurance that actual results will meet
management’s expectations. Risks, uncertainties and other factors involved with forward-looking inform ation could
cause actual events, results, performance, prospect s and opportunities to differ materially from those expressed or
implied by such forward-looking information. Forwar d looking information in this news release includes , but is not
limited to, the Company’s objectives, goals or futu re plans, statements, exploration results, potentia l mineralization,
the estimation of mineral resources, exploration an d mine development plans, timing of the commencemen t of
operations and estimates of market conditions. Fact ors that could cause actual results to differ mater ially from such
forward-looking information include, but are not li mited to failure to identify mineral resources, fai lure to convert
estimated mineral resources to reserves, the inabil ity to complete a feasibility study which recommend s a production
decision, the preliminary nature of metallurgical t est results, delays in obtaining or failures to obt ain required
governmental, environmental or other project approv als, political risks, inability to fulfill the duty to accommodate
First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in
the future, changes in equity markets, inflation, c hanges in exchange rates, fluctuations in commodity prices, delays
in the development of projects, capital and operati ng costs varying significantly from estimates and t he other risks
involved in the mineral exploration and development industry, and those risks set out in the Company’s public
documents filed on SEDAR. Although the Company beli eves that the assumptions and factors used in prepa ring the
forward-looking information in this news release ar e reasonable, undue reliance should not be placed o n such
information, which only applies as of the date of t his news release, and no assurance can be given tha t such events
will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation t o update or
revise any forward-looking information, whether as a result of new information, future events or otherwise, other than
as required by law.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S.
NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN
OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN
IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER
THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND
MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR
EXEMPT THEREFROM.