StrikePoint Gold Inc. Announces Effective Date of Share Consolidation
StrikePoint Gold Inc. Announces Effective
Date of Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - StrikePoint Gold Inc. (TSXV: SKP)
(OTCQB: STKXF) ("StrikePoint" or the "Company") is pleased to announce that, subject to TSX Venture
Exchange approval, the previously announced consolidation of the Company's outstanding common
shares on the basis of ten (10) pre-consolidation shares for one (1) post-consolidation share (the
"Consolidation") will become effective at the market opening on October 18, 2024. Following the
Consolidation, the Company will have approximately 26,389,420 common shares issued and
outstanding. The Company's name and trading symbol will remain unchanged after the Consolidation.
The new CUSIP number will be 86332K400 and the new ISIN number will be CA86332K4000 for the
post-Consolidation shares.
About StrikePoint
StrikePoint is a multi-asset gold exploration company focused on building precious metals resources in
the Western United States and in Canada.
Both the Cuprite Gold Project and the Hercules Gold Project are located in Nevada's Walker Lane Gold
Trend where StrikePoint is rapidly becoming one of the largest holder of mineral claims with
approximately 145 square kilometers of prospective geology under claim.
The Walker Lane hosts AngloGold Ashanti's multi-million once Silicon Gold and Merlin discoveries and
Kinross's Tier - 1 Round Mountain Mine.
In addition, the Company controls two advanced-stage exploration assets in British Columbia's Golden
Triangle: the past-producing high-grade silver Porter-Idaho Project and the high-grade gold Willoughby
Project.
ON BEHALF OF THE BOARD OF DIRECTORS OF STRIKEPOINT GOLD INC.
"Michael G. Allen"
Michael G. Allen
President, Chief Executive Officer & Director
For more information, please contact:
StrikePoint Gold Inc.
Knox Henderson, Investor Relations
T: (604) 551-2360
E:
W:
www.strikepointgold.com
Cautionary Statement on Forward-Looking Information
Certain statements made and information contained herein may constitute "forward looking
information" and "forward looking statements" within the meaning of applicable Canadian and United
States securities legislation. These statements and information are based on facts currently available
to the Company and there is no assurance that actual results will meet management's expectations.
Forward-looking statements and information may be identified by such terms as "anticipates",
"believes", "targets", "estimates", "plans", "expects", "may", "will", "speculates", "could" or "would".
These forward-looking statements or information relate to, among other things: the completion of the
Private Placement and the Consolidation; the intended use of proceeds from the Private Placement;
and the receipt of all necessary approvals for the completion of the Private Placement and the
Consolidation, including the approval of the TSX Venture Exchange.
Such forward-looking information and statements are based on numerous assumptions, including
among others, that the Company will complete the Private Placement and the Consolidation on the
terms as anticipated by management, and that the Company will receive all necessary approvals for
the completion of the Private Placement and the Consolidation, including the approval of the TSX
Venture Exchange. Although the assumptions made by the Company in providing forward-looking
information or making forward-looking statements are considered reasonable by management at the
time, there can be no assurance that such assumptions will prove to be accurate and actual results
and future events could differ materially from those anticipated in such statements.
All of the forward-looking statements made in this document are qualified by these cautionary
statements. Important factors that could cause actual results to differ materially from the Company's
plans or expectations include risks relating to the failure to complete the Private Placement or the
Consolidation in the timeframe and on the terms as anticipated by management, market conditions,
metal prices, and risks relating to the Company not receiving all necessary approvals for the
completion of the Private Placement or the Consolidation, including the approval of the TSX Venture
Exchange. Although the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated, forecast or intended and readers are
cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been
used. Should one or more of these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those described in forward-
looking information. Accordingly, there can be no assurance that forward-looking information will
prove to be accurate and forward-looking information is not a guarantee of future performance.
Readers are advised not to place undue reliance on forward-looking information. The forward-looking
information contained herein speaks only as of the date of this document. The Company disclaims
any intention or obligation to update or revise forward-looking information or to explain any material
difference between such and subsequent actual events, except as required by applicable law.
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/226769