The Transaction remains subject to the final approval of the TSXV and is expected to close on or about
Immediately prior to the closing of the Transaction, 4,000,000 subscription receipts (the 'Subscription Receipts'), issued at a price of
The Noseno Property is located in north-western
About
The Company is a
Disclaimer
All information provided in this press release relating to the Company has been provided by management of the Company and has not been independently verified by management of the Company. Completion of the Transaction is conditional upon, among other things, TSXV acceptance. There can be no assurance that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.
This press release includes certain 'forward-looking statements' under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future business and operations of XAU. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties and the delay or failure to receive applicable Board or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
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