TSX.V: DAU
Frankfurt: QXR2
OTC: DAUGF
DELTA, BC, Nov. 29, 2017 /CNW/ - Desert Gold Ventures
Inc. ("Desert Gold" or "the Company") (TSX.V: DAU, FF: QXR2,
OTC: DAUGF) is pleased to announce that certain shareholders of the
Company have exercised 7,502,142 Desert Gold share purchase
warrants (the "Warrant"). Each Warrant entitled the holder to
purchase one additional common share of the Company at a price of
CDN$0.09 per share resulting in net
proceeds to the Company of CDN $675,193.
Desert Gold's President Jared
Scharf remarked, "We are very thankful for the continued
support of our shareholders. The exercise of these warrants brings
in significant capital that will be used for drilling and other
exploration work at our projects situated along the Senegal Mali
shear zone in Western Mali. The
warrant exercise also significantly reduces the company's
overhang".
ON BEHALF OF THE BOARD
"Sonny
Janda"
___________________________
Sonny Janda
Chief Executive Officer & Director
For further information please visit www.SEDAR.com under the
company's profile.
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.
SOURCE Desert Gold Ventures Inc.