Sky GOLD Closes Fully Subscribed Financings
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C-1H2 Phone: 604-683-3995 Fax: 604-683-3988
www.sunvestminerals.com
SKY GOLD CLOSES FULLY SUBSCRIBED FINANCINGS
Vancouver, British Columbia – June 27 th, 2019 – Sky Gold Corp. (TSX-V: SKYG)
(US:SRKZF)("Sky Gold Corp." or the “Company”) is pleased to announce that, further to its news
release of May 15 th, 2019, it has closed the fully subscribed Flow Through and Non Flow Through
private placements. The Company issued 20 million Flow Through units (the “FT Units”) at a price of
$0.04 per Unit for aggregate gross proceeds of $ 800,000.00 and 10 million Non -Flow Through units
(the “NFT Units”) for aggregate gross proceeds of $350,000.
“We are very excited to have the funds in place to now proceed to drill the Clone gold project in the
Golden Triangle. In addition to drilling focused on historic high -grade zones we are eager to drill into
other targets identified last year in newly discovered hot -spots only recently visible and, therefore
explorable, due to ablation.” stated Mike England, CEO of Sky Gold Corp.
Each FT Unit is comprised of one flow through common share (a "FT Share") and one half of one non-
flow through Share purchase warrant (a "Warrant") of the Company. Each full Warrant will entitle the
holder to purchase one Share (a “Warrant Share”) at a price of $0.07 per Warrant Share for a 12 month
period after the Closing Date.
Each NFT Unit is comprised of one common share ( “Share") and one half of one Share purchase
warrant (a "Warrant") of the Company. Each full Warrant will entitle the holder to purchase one Share
(a “Warrant Share”) at a price of $0.06 per Warrant Share for a 12 month period after the Closing Date.
Finders’ fees of $61,788.00, 1,327,700 broker warrants and 230,000 finders shares were paid to arm’s
length parties. Finder’s warrants entitl e the Finder to purchase one common share in the Company at
a price of $0.05 for a period of 12 months from the date of closing.
Proceeds raised from the Offerings will be used towards drilling, prospecting and other related activities
this upcoming field season at the Clone project located in the Golden Triangle, BC. as well as general
working capital (see PR dated May 15 th, 2019).
All securities issued under the offering are subject to a statutory hold period expiring on October 28th,
2019.
The financings, although conditionally approved by the TSX Venture Exchange (TSXV), are subject
to final approval.
About Sky Gold Corp.
Sky Gold Corp. is a junior mineral exploration company engaged in acquiring and advancing mineral
properties across Canada’s top mining jurisdictions. The Company’s flagship asset is the Clone high -
grade gold project located in B.C’s Golden Triangle .
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C-1H2 Phone: 604-683-3995 Fax: 604-683-3988
www.sunvestminerals.com
ON BEHALF OF THE BOARD
“Mike England”
Mike England, CEO&DIRECTOR
FOR FURTHER INFORMATION PLEASE
CONTACT: Telephone: 1-604-683-3995
Toll Free: 1-888-945-770
Neither the 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.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or
future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect
management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors
are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties
that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date
hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise
them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these
cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).