Talisker Completes Acquisition of the Outstanding Royalties on the Ladner Gold Project
Talisker Completes Acquisition of the
Outstanding Royalties on the Ladner Gold
Project
TORONTO
,
Sept. 17, 2021
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce that it has completed its previously announced
acquisition (the "
Acquisition
") of the 2% net smelter return royalty on the Ladner Gold Project and
the 35% net profit interest (collectively, "
Purchased Royalties
") from the sale of gold by New
Carolin Gold Corp. ("
New Carolin
") or any third party contracted by New Carolin for that purpose.
In connection with the Acquisition, Talisker issued 5,119,170 common shares for the Purchased
Royalties pursuant to the terms of a royalty purchase and sale agreement.
About Talisker Resources Ltd.
Talisker (
taliskerresources.com
)
is a junior resource company involved in the exploration of gold
projects in
British Columbia, Canada
. Talisker's projects include two advanced stage projects, the
Bralorne Gold Complex and the Ladner Gold Project, both advanced stage projects with significant
exploration potential from historical high-grade producing gold mines, as well as its Spences Bridge
Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several
other early-stage Greenfields projects. With its properties comprising 296,983 hectares over 346
claims, three leases and 198 crown grant claims, Talisker is a dominant exploration player in the
south-central
British Columbia
. The Company is well funded to advance its aggressive systematic
exploration program at its projects.
Caution Regarding Forward Looking Statements
Certain statements contained in this press release constitute forward-looking information. These
statements relate to future events or future performance. The use of any of the words "could",
"intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements
relating to matters that are not historical facts are intended to identify forward-looking information
and are based on Talisker's current belief or assumptions as to the outcome and timing of such
future events. Actual future results may differ materially. Those assumptions and factors are based
on information currently available to Talisker. Although such statements are based on reasonable
assumptions of Talisker's management, there can be no assurance that any conclusions or forecasts
will prove to be accurate.
While Talisker considers these assumptions to be reasonable based on information currently
available, they may prove to be incorrect. Forward looking information involves known and unknown
risks, uncertainties and other factors which may cause the actual results, performance or
achievements to be materially different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such factors include risks inherent in the
exploration and development of mineral deposits, including risks relating to changes in project
parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates,
risks relating to changes in mineral prices and the worldwide demand for and supply of minerals,
risks related to increased competition and current global financial conditions and the COVID-19
pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory
risks, including risks relating to the acquisition of the necessary licenses and permits, financing,
capitalization and liquidity risks.
The forward-looking information contained in this release is made as of the date hereof, and Talisker
is not obligated to update or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by applicable securities laws. Because of
the risks, uncertainties and assumptions contained herein, investors should not place undue reliance
on forward-looking information. The foregoing statements expressly qualify any forward-looking
information contained herein.
SOURCE
Talisker Resources Ltd
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%SEDAR: 00005798E
For further information:
Terry Harbort, President & CEO, [email protected],
+1 416 361 2808
CO: Talisker Resources Ltd
CNW 15:23e 17-SEP-21