TORONTO, Sept. 3, 2014 /CNW/ - Atlanta Gold Inc.
(TSXV: ATG; OTCQX: ATLDF) announces that following receipt
of the approval of the TSX Venture Exchange, it has issued
9,006,692 common shares at a deemed price of $0.05 per share in satisfaction of accrued
interest on its US$4 million
principal amount senior secured notes. Two directors of the
Company received, in aggregate, 1,125,835 of the shares
issued. All of the shares are subject to a four month hold
period expiring January 3,
2015. The TSX Venture Exchange has also accepted the
amendments to the senior secured notes and accompanying common
share purchase warrants as described in the Company's news release
of August 26, 2014.
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
kilometers) 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.