Dlv Resources Ltd. and WEST Red Lake GOLD Mines Inc. Announce Amalgamation Agreement FOR Business Combination
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DLV RESOURCES LTD.
SUITE 3123 - 595 BURRARD STREET
VANCOUVER, BC V7X 1J1
Tel: 604-609-6110
WEST RED LAKE GOLD MINES INC.
SUITE 200 – 82 RICHMOND STREET EAST
TORONTO, ON M5C 1P1
Tel: 416-203-9181
DLV RESOURCES LTD. AND WEST RED LAKE GOLD MINES INC. ANNOUNCE
AMALGAMATION AGREEMENT FOR BUSINESS COMBINATION
September 15, 2022
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES OR TO A U.S. PERSON
Vancouver, British Columbia – DLV Resources Ltd. (“DLV”) (TSXV: DLV.H) and West Red Lake Gold
Mines Inc. (“RLG”) (CSE: RLG) are pleased to announce that they have entered into an amalgamation
agreement in connection with the previously announced binding agreement pursuant to which DLV has agreed
to acquire all of the issued and outstanding common shares of RLG in consideration for the issuance of 0.1215
of a DLV common share for each RLG common share acquired (the “Transaction”).
RLG currently intends to hold a shareholder meeting on November 10, 2022 in connection with obtai ning its
requisite shareholder approvals for the Transaction.
The Transaction is subject to customary closing conditions, including regulatory approvals, and receipt of
required approvals from the shareholders of RLG.
ON BEHALF OF DLV RESOURCES LTD.
“Geir Liland”
Geir Liland,
Chief Executive Officer
For further information, please contact:
Jasvir Kaloti
CFO & Corporate Secretary
Tel: (604) 609-6110
ON BEHALF OF WEST RED LAKE GOLD
MINES LTD.
“John Kontak”
John Kontak
President
For further information, please contact:
John Kontak
President
Tel: (416) 203-9181
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.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
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Certain statements contained in this news release constitute "forward -looking statements". When used in this
document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are
intended to identify forward- looking statements or information. These statements are based on current
expectations of management, however, they are subject to known and unknown risks, uncertainties and other
factors that may cause actual results to differ materially from the forward -looking statements in this news
release. Readers are cautioned not to place undue reliance on these statements. Neither DLV nor RLG
undertakes any obligation to revise or update any forward- looking statements as a result of new information,
future events or otherwise after the date hereof, except as required by securities laws.