Golden Predator Mining Corp. Announces Termination of Arrangement Agreement with Viva Gold Corp.
May 03 2021 - 7:30AM
Golden Predator Mining Corp. (TSX.V: GPY;
OTCQX: NTGSF) ("
Golden Predator")
announces that the Company and Viva Gold Corp. (“
Viva
Gold”) have mutually agreed to terminate the arrangement
agreement dated March 2, 2021 for the proposed acquisition of all
of the issued and outstanding shares of Viva Gold by Golden
Predator. Golden Predator also advises, regardless of the
terminated Agreement with Viva Gold, Golden Predator will proceed
with its plans to distribute 8,620,000 common shares of C2C Gold
Corp. to shareholders of record of Golden Predator Mining Corp. by
way of a return of capital transaction. A date of record will be
announced.
Golden Predator will continue to focus on
advancing its Brewery Creek project in the Yukon through the
permitting renewal process. The Company is working with the Yukon
Department of Energy, Mines and Resources, and the Yukon Water
Board to renew its mining and water use licenses, with the ongoing
support of the Tr’ondek Hwech’in First Nation.
ABOUT GOLDEN PREDATOR MINING
CORP.Golden Predator is advancing the past-producing
Brewery Creek Mine towards a timely resumption of mining activities
in Canada’s Yukon. The project has established resources grading
over 1.0 g/t Gold and both a technical report and Bankable
Feasibility Study underway to define the economics of a restart of
heap leach operations at the Brewery Creek Mine. The 180 km2
brownfield property is located 55 km by road from Dawson City,
Yukon and operates under a Socio-Economic Accord with the Tr’ondëk
Hwëch’in First Nation. The Company also holds the Marg Project,
with a 43-101 compliant resource, the Gold Dome Project and Grew
Creek Project. For additional information on Golden Predator and
the Brewery Creek Mine, please visit our website:
www.goldenpredator.com.
FOR ADDITIONAL INFORMATION:
GOLDEN PREDATOR MINING
CORP.Janet Lee-Sheriff, Chief Executive Officer (604)
260-0289info@goldenpredator.com |
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. No stock exchange,
securities commission or other regulatory authority has approved or
disapproved the information contained herein.
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