Grizzly Gold Announces Shareholder Update
January 14 2014 - 12:03AM
Marketwired
Grizzly Gold Announces Shareholder Update
RENO, NV--(Marketwired - Jan 14, 2014) - Grizzly Gold Corp.
(OTCBB: GRZG), a U.S.-based mineral exploration company with
operations and assets in Nevada, today issued the following
shareholder update letter from Paul Strobel, President &
CEO.
(To view the full version of the letter go to
grizzlygoldcorp.com and click on "news")
Dear Grizzly Gold Corp Shareholders:
As we have done successfully in the past, we still plan to fund
a second round of drilling with a private placement of shares in
the Company. Drilling is fully permitted with the BLM and is
expected to commence this spring rather than last fall as stated in
the Shareholder update letter of September 11, 2013. In addition,
the Company has modified the private placement terms to better
reflect current market conditions and has been authorized by the
Board of Directors to offer a finders fee to third parties
authorized by the Corporation to solicit and deliver a qualified
subscriber previously unknown by the Corporation.
We anticipate favorable results from a second round of drilling
which will position the company to decide to seek a joint venture
with a major mining company, farm out the property for continued
development, or continue to enhance the property on our own.
The company encourages you to visit our website at
grizzlygoldcorp.com for all activity updates, technical
information, and links to required SEC filings.
Yours very truly,
Paul Strobel, President & CEO
About Grizzly Gold Corp Grizzly Gold Corp is a US based
exploration company focusing on advancing development on its gold
projects in the Nevada area. Grizzly Gold is a publicly traded
company on the OTCBB.
Forward Looking Statements Disclaimer: This announcement may
contain forward-looking statements which involve risks and
uncertainties that include, among others, limited operating
history, limited access to operating capital, factors detailed in
the accuracy of geological and geophysical results including
drilling and assay reports; the ability to close the acquisition of
mineral exploration properties, and other factors which may cause
the actual results, performance or achievements of the company to
be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. More information is included in the company's filings
with the Securities and Exchange Commission, and may be accessed
through the SEC's website at http://www.sec.gov.
Contact: Grizzly Gold Corp Ph: 1-888-314-4535 email: Email
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