Gungnir Comments on Recent Trading Activity at the Request of IIROC
News Release GUG: TSX -V
ASWRF: OTCPK
Gungnir Comments on Recent Trading Activity at the Request of IIROC
Surrey BC – July 5, 2019 - At the request of the II ROC, Gungnir Resources Inc. (GUG: TSX-V, ASWRF:
OTCPK) (“Gungnir” or the “Company”) wishes to confirm that the Company’s management is unaware of
any material change in the Company’s operations tha t would account for the recent increase in market
activity.
The Company has recently commenced drilling on its Knaften property in Sweden, initially focused on its
Rodingtrask volcanogenic massive sulphide (VMS) tar get. Gungnir plans to also test the new copper-
nickel target discovered by the Company in 2017 and extensions of the Knaften 300 Gold Zone, both on
the Knaften property.
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.
About Gungnir Resources
Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company (GUG: TSX-V) with
gold and base metal permits in northern Sweden. Suc cessful drill programs in 2017 and 2018 at its
Knaften project resulted in back-to-back new base metal target discoveries; the Rodingtrask VMS and an
adjacent Cu-Ni target. These new targets add signif icant up-side to the previously gold-only Knaften
project, and now the Company has numerous opportuni ties at deposit discovery by way of multiple
targets and metals. All three targets on Knaften ar e wide-open for expansion and further discovery.
Further information about the Company and its properties may be found at www.gungnirresources.com
or at www.sedar.com .
On behalf of the Board,
Jari Paakki, CEO and Director
For further information contact:
Head Office/Investor Relations
Phone: +1-604-683-0484
Jari Paakki, CEO
Email: [email protected]
Chris Robbins, CFO
Email: [email protected]
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.
Cautionary Note Regarding Forward-Looking Statements: Certain statements made herein may contain
forward-looking statements or information within th e meaning of Canadian securities laws. In certain
cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "i s
News Release GUG: TSX -V
ASWRF: OTCPK
expected", "budget", "scheduled", "estimates", "for ecasts", "intends", "anticipates" or "believes", or
variations of such words and phrases or statements that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved", or the negative of these words or
comparable terminology. By their very nature forwar d-looking statements involve known and unknown
risks, uncertainties and other factors which may ca use the actual performance of the Company to be
materially different from any anticipated performan ce expressed or implied by the forward-looking
statements. Such forward-looking statements or information include, but are not limited to, statements
or information with respect to Gungnir’s plan for f uture exploration and development of its properties ,
Gungnir’s plan for future disclosure relating to exploration and development of its properties, receipt of
the remaining consideration and the completion of the transaction within the timelines set out above or
at all. Forward-looking statements or information are based on a number of estimates and assumptions
and are subject to a variety of risks and uncertain ties, which could cause actual events or results to
differ from those reflected in the forward-looking statements or information. Should one or more of
these risks and uncertainties materialize, or shoul d underlying estimates and assumptions prove
incorrect, actual results may vary materially from those described in forward-looking statements or
information. For example, there is no certainty, th at any economically viable mineral deposit will be
located on the properties, that the Company will re ceive or be able to raise sufficient capital to
complete all of its exploration programs or that th e transaction will complete as anticipated.
Accordingly, undue reliance should not be placed on forward-looking statements or information.
Gungnir does not expect to update forward-looking statements or information continually as conditions
change, except as may be required by securities law.