Le Lézard
Classified in: Mining industry
Subject: MISCELLANEOUS

Columbus Gold Corp. Early Warning News Release



VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Columbus Gold Corp. ("Columbus Gold") has filed an early warning report advising of a change in its holdings in Allegiant Gold Ltd. (TSX Venture:AUAU) ("Allegiant").

On February 15, 2018, Columbus Gold disposed of 2,750,000 common shares of Allegiant (5.89% of the issued and outstanding common shares of Allegiant) and following the disposition Columbus Gold now directly has ownership and control of 5,183,496 common shares of Allegiant, representing 11.1% of the issued and outstanding common shares of Allegiant.

The purpose of the disposition was to provide Columbus Gold with working capital. It may acquire or dispose of common shares of Allegiant in the future. Columbus intends to effect any future disposition of common shares of Allegiant by way of an organized block trade that may or may not be completed through the facilities of a market place.

This press release is issued pursuant to the early warning requirements of National Instrument 62-104 and National Instrument 62-103, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters (the "Early Warning Report"). A copy of the Early Warning Report will appear with the Issuer's documents on the SEDAR website at www.sedar.com.

ON BEHALF OF THE BOARD,

Robert F. Giustra
Chairman

For more information or a copy of the Early Warning Report contact:

Investor Relations
(604) 634-0970 or
1-888-818-1364
info@columbusgold.com

 


These press releases may also interest you

at 18:20
NV Gold Corporation ("NV Gold" or the "Company") is pleased to announce the filing of its August 31, 2018 year-end financial statements and recent board changes. At the same meeting at which the Board approved our year-end financial statements, the...

at 17:20
Noront Resources Ltd. ("Noront" or the "Company") announces that as part of its US$15 million convertible debt facility with Resource Capital Fund V, it issued 1,250,775 common shares in settlement of $387,240 in interest for the third quarter ended...

at 17:19
Labeling, manufacturing, and logistics solutions provider Bizerba North America is proud to announce it has entered into a technology sharing and manufacturing supply agreement with Kieran Label Corporation (KLC). This...

at 17:15
Stria Lithium Inc. ("Stria" or the "Company") announces the closing of the first tranche of a non-brokered private placement (the "Offering") for gross proceeds of $150,000. The Company has issued 3,000,000 units (the "Units") at a price of $0.05...

at 16:35
Canada Coal Inc. (the "Company" or "Canada Coal"), announces that effective December 17th, 2018, the Company's shares will begin trading on the NEX Board ("NEX") of the TSX Venture Exchange ("the Exchange") under the symbol CCK.H. As a result of...

at 16:20
HPQ Silicon Resources Inc ("HPQ")  is pleased to inform shareholders that, for the purpose of the execution of the Plan of Arrangement, HPQ subsidiary, Beauce Gold Fields Inc ("BGF") has closed the $550,000 private placement required for the listing...




News published on 16 february 2018 at 19:33 and distributed by: