/NOT FOR DISTRIBUTION TO UNITED
STATES' NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
TORONTO, July 29, 2014 /CNW/ - Atlanta Gold Inc.
(TSXV: ATG; OTCQX: ATLDF) announces that it has applied to the
TSX Venture Exchange for approval to extend the expiry dates by one
year of 25,733,000 outstanding common share purchase warrants,
currently scheduled to expire between October and December of 2014.
Of these warrants: 8,333,333 are currently exercisable at
$0.10 per share until October 2, 2014 which would be extended to
October 2, 2015; 12,120,000 are
currently exercisable at $0.15 until
November 9, 2014 which would be
extended to November 9, 2015; and
5,280,000 are currently exercisable at $0.15 until December 19,
2014, which would be extended to December 19, 2015. The terms of the
warrants will otherwise remain unchanged, including the Company's
ability to accelerate the expiry dates of the warrants if the
closing price of the Company's shares for 20 consecutive days on
which the shares trade, exceeds $0.15
for the $0.10 warrants and exceeds
$0.20 for the $0.15 warrants.
Insiders of the Company hold 8,263,333 of the warrants to be
amended. The extension of the warrant expiry dates is subject
to the approval of the TSX Venture Exchange.
About the Company
Atlanta Gold Inc. holds
through its 100% owned subsidiary, Atlanta Gold Corporation,
leases, options or ownership interests in its Atlanta properties which comprise
approximately 2,159 acres (8.74 square kilometres) located 90 air
kilometers east of Boise, in
Elmore County, Idaho. A long
history of mining makes Atlanta
very suitable for development of new mining projects. The
Company is focused on advancing its core asset, Atlanta, towards mine development and
production.
To receive Company news via email, contact jeanny@chfir.com and
mention "Atlanta Gold News" in the subject line.
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 Atlanta Gold Inc.