Gold79 Announces Agreement for Investor Awareness Campaign with INN
Gold79 Announces Agreement for Investor
Awareness Campaign with INN
Ottawa, Ontario--(Newsfile Corp. - December 29, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB:
AUSVF) ("Gold79" or the "Company") announces that it has retained Dig Media Inc. dba Investing News
Network ("INN") to provide investor relations services for the Company in accordance with the policies of
the TSX Venture Exchange.
INN is a private company headquartered in Vancouver, Canada, dedicated
to providing independent news and education to investors since 2007.
Under the terms of the contract
for this advertising and investor awareness campaign INN will provide various digital media advertising
and related services to increase public awareness of the Company.
Derek Macpherson, President and CEO, stated, "
We look forward to working with INN to increase
market awareness of Gold79.
With active exploration programs continuing at our Gold Chain, Arizona
project and with drill permitting nearing completion at our Jefferson Canyon, Nevada project we
anticipate an exciting year ahead for Gold79."
Under the terms of the agreement with INN, the Company has agreed to pay INN a cash fee of $4,167
per month, plus applicable taxes.
The agreement has a term of 12 months commencing January 1, 2022.
INN will not receive any securities of the Company as compensation for services under the agreement.
INN currently holds 833,400 common shares and 416,700 warrants of the Company, representing
approximately 0.86% of the Company's outstanding common shares on a partially-diluted basis.
Gold79
and INN are unrelated and unaffiliated entities and INN is an arm's length party to the Company.
About Gold79 Mines Ltd.
Gold79 Mines Ltd.
is a TSX Venture listed company focused on building ounces in the Southwest USA.
Gold79 holds 100% earn-in option to purchase agreements on three gold projects: the Jefferson Canyon
Gold Project and the Tip Top Gold Project both located in Nevada, USA, and, the Gold Chain Project
located in Arizona, USA. In addition, Gold79 holds two projects with minority interest being a 36.6%
interest in the Greyhound Project, Nunavut, Canada under JV by Agnico Eagle Mines Limited and a 20%
carried interest in the Taviche Project in Oaxaca, Mexico now under option to Fortuna Silver Mines Inc.
For further information regarding this press release contact:
Derek Macpherson, President and
Chief Executive Officer by email at
or by phone at 416-294-6713. Gold79's
website is located at
www.gold79mines.com
.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements that are made as of the date hereof and
are based on current expectations, forecasts and assumptions which involve risks and uncertainties
associated with our business including any future private placements, the uncertainty as to whether
further exploration will result in the target(s) being delineated as a mineral resource, capital
expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals,
expansion and growth of the business and operations, plans and references to the Company's future
successes with its business and the economic environment in which the business operates. All such
statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-
looking statements under, applicable Canadian securities legislation. Any statements contained
herein that are statements of historical facts may be deemed to be forward-looking statements. By
their nature, forward-looking statements require us to make assumptions and are subject to inherent
risks and uncertainties. We caution readers of this news release not to place undue reliance on our
forward-looking statements as a number of factors could cause actual results or conditions to differ
materially from current expectations. Please refer to the risks set forth in the Company's most recent
annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at
www.sedar.com
. Gold79 does not intend, and disclaims any obligation, except as required by law, to
update or revise any forward-looking statements whether as a result of new information, future events
or otherwise.
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/108580