Sitka Announces Warrant Amendment
NEWS RELEASE
October 14, 2021
NR 21-25
www.sitkagoldcorp.com
Sitka Announces Warrant Amendment
VANCOUVER, CANADA – October 1 4, 2021: Sitka Gold Corp. (“Sitka” or the “Company”) (CSE:SIG)
(FSE:1RF) (OTCQB:SITKF) announces that subject to receipt of all necessary regulatory approvals, it will
amend the expiry date of certain common share purchase warrants previously issued in connection with private
placements as follows:
Date of Issuance Number of warrants Price Current Expiry Date Amended expiry date
Oct. 13, 2019 2,798,827 $0.16 October 31, 2021 October 31, 2022
May 26/2020 13,084,612 $0.14 May 26, 2022 May 26, 2023
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
About Sitka Gold Corp.
Sitka Gold Corp. is a mineral exploration company headquartered in Canada that is fully funded for its planned
2021 exploration program s with the completion of a $6.37 million financing earlier this year . The Company is
managed by a team of experienced industry professionals and is focused on exploring for economically viable
mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka currently
has an option to acquire a 100% interest in the RC, Barney Ridge, Clear Creek and OGI properties in Yukon
and the Burro Creek Gold property in Arizona. Sitka owns a 100% interest in its Alpha G old property in Nevada,
it’s Mahtin Gold property in the Yukon and it’s Coppermine River project in Nunavut.
The scientific and technical content of this news release has been reviewed and approved by Cor Coe, P.Geo.,
Director and CEO of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
“Donald Penner”
President and Director
For more information contact:
Donald Penner
President & Director
604-979-0509
or
Cor Coe, P.Geo.
CEO & Director
604-979-0509
Cautionary and Forward-Looking Statements
Cautionary Note Regarding Forward -Looking Statements: This release includes certain statements and information that may constitute
forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, o ther than
statements of historical facts, including statements relating to proposed amendments to the Warrants are forward -looking statements and
contain forward-looking information. Generally, forward -looking statements and information can be identified b y the use of forward -looking
terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, e vents or results
“may”, “could”, “should”, “would” or “occur”. Forward -looking statements are based on certain material assumptions and analysis made by
the Company and the opinions and estimates of management as of the date of this press release, including that the proposed Wa rrant
amendments will receive the requisite CSE approval. These forward -looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Comp any to be
materially different from those expressed or implied by such forward -looking statements or forward -looking information. Important factors
that may cause actual results to vary, include, without limitation, the proposed Warrant amendments will not receive the requ isite CSE
approval. Although management of the Company has atte mpted to identify important factors that could cause actual results to differ
materially from those contained in forward -looking statements or forward-looking information, there may be other factors that cause results
not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place un due reliance on
forward-looking statements and forward -looking information. Readers are cautioned that reliance on such information may not be
appropriate for other purposes. The Company does not undertake to update any forward -looking statement or forward-looking information,
except in accordance with applicable securities laws.