Volcanic proposes warrant extension
200 Burrard Street, Suite 650 Tel: 604.801.5432
Vancouver, BC V6C 3L6 Fax: 604.662.8829
TSX-V: VG
NEWS RELEASE
Volcanic proposes warrant extension
December 21 , 2017 – Vancouver, British Columbia – Volcanic Gold Mines Inc. (“Volcanic”)
(TSXV: VG) announces that its Board of Directors has determined that it is in the best interests of
the Company to extend the expiry date of certain previously issued private placement warrants.
Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of outstanding warrants
to purchase a total of 3,250,834 common shares at $0.25 per share will be extende d by six months
to July 5, 2018.
About Volcanic
Volcanic brings together a deeply experienced and successful mining, exploration and capital
markets team focused on building a multi -million ounce gold resource in the underexplored West
African country of Guinea and its neighbouring countries. Through the strategic acquisition of
mineral properties with demonstrated potential for hosting gold resources, and by undertaking
effective exploration and drill programs, Volcanic is seeking to become a leading junior gold
resource company.
For further information, contact Alex Langer, the Company’s VP Capital Markets, at 604-765-1604,
or visit our website at www.volgold.com.
Volcanic Gold Mines Inc.
Jeremy Crozier, President and CEO
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 include, without li mitation, statements about the proposed warrant extension. Often, but not
always, these forward looking statements can be identifie d 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, whether the proposed warrant extension will proceed as intended; changes in general economic conditions and
financial markets; the 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 expenses; 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 attempt ed 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 proposed warrant extension will proceed as intended; that the
Company’s stated goals and planned exploration and development activities will be achieved; that 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 t hat forward -looking statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly, investors
should not place undue reliance on forward-looking statements.