VANCOUVER, Feb. 23, 2017 /CNW/ - Golden Arrow
Resources Corporation (TSX-V: GRG, FSE: GAC, OTCQB: GARWF), "Golden
Arrow" or the "Company") is pleased to announce that the
Company has been recognized in the 2017 TSX Venture 50™ as one of
the mining sector's top performing companies.
"This achievement is a testament to the dedication of our
staff in Canada and Argentina, and the support of our
shareholders," stated Joseph Grosso,
Executive Chairman, President and CEO. "2016 was another defining
year for Golden Arrow. In
particular, our flagship Chinchillas Silver Project has reached the
mine planning and prefeasibility stage."
Golden Arrow is managed by Grosso
Group, a private management company founded in 1993.
About TSX Venture 50™
The TSX Venture 50™ are the top
10 companies listed on the TSX Venture Exchange, in each of the
five major industry sectors – mining, oil & gas, clean
technology & life sciences, diversified industries and
technology – based on a ranking formula with equal weighting given
to return on investment, market cap growth, trading volume and
analyst coverage. All data was as of December 31, 2016.
About Grosso Group:
Grosso Group Management Ltd. is a
private management company founded in 1993, recognized as a leading
pioneer of mineral exploration in South
America. The group operates with the objective of creating
investor value through the growth of the publicly listed member
companies, which include: Golden Arrow Resources Corp., Blue Sky
Uranium Corp., and Argentina Lithium & Energy Corp.
About Golden
Arrow:
Golden Arrow Resources is a Vancouver-based exploration company focused on
creating value by making precious and base metal discoveries and
advancing them into exceptional deposits. The Company is currently
focused on its Chinchillas Silver Project located in the
mining-friendly Province of Jujuy, Argentina. Exploration has progressed rapidly
since the acquisition of the project in late 2011. The innovative
transaction announced October 1st
2015, positions the Company to maximize shareholder value by
fast-tracking Chinchillas to production and becoming a 25% owner of
the Pirquitas silver mine.
Golden Arrow was recognized as a
TSX Venture 50™ company in 2017. TSX Venture 50™ is a
trademark of TSX Inc. and is used under license.
ON BEHALF OF THE BOARD
"Joseph Grosso"
_______________________________
Mr. Joseph Grosso,
Executive Chairman, President and CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such
statements. Readers are encouraged to refer to the Company's public
disclosure documents for a more detailed discussion of factors that
may impact expected future results. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements.
The securities being offered have not been, nor will they be
registered under the United States Securities Act of 1933, as
amended, or state securities laws and may not be offered or sold
within the United States or to, or
for the account or benefit of, U.S. persons absent U.S. federal and
state registration or an applicable exemption from the U.S.
registration requirements. This release does not constitute an
offer for sale of securities in the
United States.
SOURCE Golden Arrow Resources Corporation