/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, Sept. 24, 2018 /CNW/ – Medgold Assets Corp. (TSXV: MED) announces that it proposes, accountable to b barter approval, to complete a non-brokered clandestine adjustment costs of up to about 3.33 actor units at $0.30 per unit, for gain of up to $1.0 million. Anniversary assemblage will abide of one accepted allotment and one abounding warrant, anniversary accreditation entitling the holder to acquirement one added accepted allotment of the Aggregation at $0.40 for two years from closing. The warrants will be accountable to an dispatch accouterment such that if the closing amount of the Company’s shares for 10 afterwards trading canicule is $0.60 or greater, the Aggregation may accord apprehension to the holders of the warrants that the warrants will expire 30 agenda canicule afterwards cancellation of such notice. The Aggregation may pay a finder’s fee on a allocation of this financing.
The gain of the adjustment are advised to be acclimated for ysis of the Company’s 100% endemic Ljubata Activity in Serbia, activity bearing and for accepted alive basic purposes.
The balance referred to in this anniversary absolution accept not been, and will not be, registered beneath the United States Balance Act of 1933, as amended, and may not be offered or awash in the United States or to, or for the anniversary or account of, U.S. bodies absent allotment or an applicative absolution from the allotment requirements of such Act. This anniversary absolution shall not aggregate an action to sell, nor the address of an action to buy, any securities. Any accessible alms of balance in the United States charge be fabricated by agency of a announcement absolute abundant advice about the aggregation and management, as able-bodied as banking statements.
About Medgold Assets Corp.
Medgold is a Serbia-focused, TSX-V listed, activity architect aggregation targeting early-stage gold backdrop in the Oligo-Miocene Belt of Serbia. Run by an accomplished administration aggregation with a acknowledged track-record of architecture amount in adeptness companies, Medgold is aiming to become a arch European gold ysis company.
Additional advice on Medgold can be begin on the Company’s website at www.medgoldresources.com and by reviewing the Company’s folio on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
“Dan James”Daniel P. James, President & Director
Neither the TSX Adventure Barter nor the Investment Industry Regulatory Organization of Canada accepts albatross for the capability or accurateness of this release.
Certain statements independent in this anniversary absolution aggregate advanced statements aural the acceptation of Canadian balance legislation. All statements included herein, added than statements of absolute fact, are advanced statements and include, after limitation, statements about the proposed clandestine placement, and the Company’s projects. Often, but not always, these advanced attractive statements can be articular by the use of words such as “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”, or statements that events, “could” or “should” action or be accomplished and agnate expressions, including abrogating variations.
Forward-looking statements absorb accepted and alien risks, uncertainties and added factors which may account the absolute results, achievement or achievements of the Aggregation to be materially altered from any results, achievement or achievements bidding or adumbrated by advanced statements. Such uncertainties and factors include, amid others, whether the clandestine adjustment will be completed as planned, and whether the Aggregation will absorb the costs gain as intended; the ysis affairs for the Company’s projects; changes in accepted bread-and-er altitude and banking markets; the Aggregation or any collective adventure accomplice not accepting the banking adeptness to accommodated its ysis and development goals; risks associated with the after-effects of ysis and development activities, admiration of mineral assets and the geology, brand and chain of mineral deposits; hasty costs and expenses; and such added risks abundant from time to time in the Company’s anniversary and anniversary filings with balance regulators and accessible beneath the Company’s contour on SEDAR at www.sedar.com. Although the Aggregation has attempted to yze important factors that could account absolute actions, contest or after-effects to alter materially from those declared in advanced statements, there may be added factors that account actions, contest or after-effects to alter from those anticipated, estimated or intended.
Forward-looking statements independent herein are based on the assumptions, beliefs, expectations and opinions of management, including but not bound to: that the proposed ysis of the Tlamimo Activity will advance as intended; that the Aggregation will complete the clandestine adjustment as planned, and absorb the costs gain as intended; that the Company’s declared goals and planned ysis and development activities will be achieved; that there will be no absolute adverse change affecting the Aggregation or its properties; and such added assumptions as set out herein. Advanced statements are fabricated as of the date hereof and the Aggregation disclaims any obligation to amend any advanced statements, whether as a aftereffect of new information, approaching contest or after-effects or otherwise, except as appropriate by law. There can be no affirmation that advanced statements will prove to be accurate, as absolute after-effects and approaching contest could alter materially from those advancing in such statements. Accordingly, investors should not abode disproportionate assurance on advanced statements.
SOURCE Medgold Assets Corp.
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