Spanish Mountain Gold $0.23 Warrants Fully Exercised
Suite 1120 – 1095 West Pender St.
Vancouver, BC V6E 2M6
Tel (604) 601 3651
October 1, 2012
Spanish Mountain Gold $0.23 Warrants Fully Exercised
Spanish Mountain Gold Ltd. (“the Company”) (SPA-TSXV) is pleased to announce that its 11,671,030 $0.23 three year warrants issued on 28th September 2009 have been fully exercised. The aggregate consideration is $2,684,337 for which the Company has issued 11,671,030 common shares.
Ian Watson, Chairman of the Board, and management of the Company exercised an aggregate of 5,781,322 warrants.
About Spanish Mountain Gold
Spanish Mountain Gold Ltd. is focused on the responsible development of its flagship Spanish Mountain gold project in southern central British Columbia, Canada. The Company has no debt and owns 100% of four gold properties located in British Columbia. Additional information about the Company is available on its website: www.spanishmountaingold.com
On Behalf of the Board,
SPANISH MOUNTAIN GOLD LTD.
Brian Groves, President and CEO
Contact:
Colin Clancy
(604) 601-3651
[email protected] www.spanishmountaingold.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.