Volcanic completes debt settlement
200 Burrard Street, Suite 650 Tel: 604.801.5432
Vancouver, BC V6C 3L6 Fax: 604.662.8829
TSX-V: VG
NEWS RELEASE
Volcanic completes debt settlement
March 27, 2019 – Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV: VG) reports
that it has completed its previously announced debt settlement transaction by issuing 3,840,620
common shares at a deemed price of $0.05 per share to settle a total of $192,031 in debt.
The common shares issued have a resale restriction which expires on July 27, 2019.
About Volcanic
Volcanic brings together an experienced and successful mining, exploration and capital markets
team focused on building multi -million ounce gold resource s in underexplored countries. Through
the strategic acquisition of mineral properties with demonstrated potential for hosting gold
resources, and by undertaking effective exploration and drill programs, Volcanic intends to become
a leading gold company.
For further information, visit our website at www.volgold.com.
Volcanic Gold Mines Inc.
Simon Ridgway, Executive Chairman
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.
Forward-looking statements
Certain statements contained in this news release constitute forward- looking statements within the meaning of
Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward -
looking statements and inc lude, without limitation, statements about the Company’s business goals . Often, but not
always, these forward looking statements can be identified by the use of words such as “estimate”, “estimates”,
“estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”,
“upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”, or
statements that events, “could” or “should” occur or be achieved and similar expressions , including negative
variations.
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Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially different from any results, performance or
achievements expressed or implied by forward -looking statements. Such uncertainties and factors include, among
others, changes in general economic conditions and financial markets; t he Company or any joint venture partner not
having the financial ability to meet its exploration and development goals; risks associated with the results of
exploration and development activities, estimation of mineral resources and the geology, grade and continuity of
mineral deposits; unanticipated costs and ex penses; and such other risks detailed from time to time in the Company’s
quarterly and annual filings with securities regulators and available under the Company’s profile on SEDAR at
www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions,
events or results to differ materially from those described in forward -looking statements, there may be other factors that
cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of
management, including but not limited to: that the Company’s stated goals and planned exploration and development
activities will be achieved; th at there will be no material adverse change affecting the Company or its properties; and
such other assumptions as set out herein. Forward- looking statements are made as of the date hereof and the Company
disclaims any obligation to update any forward- looking statements, whether as a result of new information, future
events or results or otherwise, except as required by law. There can be no assurance that forward- looking statements
will prove to be accurate, as actual results and future events could diffe r materially from those anticipated in such
statements. Accordingly, investors should not place undue reliance on forward- looking statements.