Origin Gold Receives TSXV Conditional Approval for Acquisition of Colombian Gold Project
11 Diciembre 2020 - 5:00PM
Origin Gold Corporation (“
Origin
Gold” or the “
Company”) (TSXV: OIC) is
pleased to announce that the TSX Venture Exchange
(“
TSXV”) has conditionally approved its previously
announced acquisition of a gold mining project in Colombia (the
“
Acquisition”). The project consists of interests
in 26 mining claim titles and applications in Antioquia, Colombia.
For more information about the Acquisition, please see the
Company’s press releases dated October 28, 2020 and November 30,
2020, which are available under the Company’s SEDAR profile at
www.sedar.com. The closing of the Acquisition remains subject to
the satisfaction of customary conditions precedent, including,
inter alia, the receipt of regulatory approvals in Colombia, the
final approval of the TSXV (including the completion of a technical
report and the provision of financial statements, a financial plan
and a legal title opinion), shareholder approval for the creation
of a new Control Person (as that term is defined under the
applicable policies of the TSXV), and other closing conditions
found in similar transactions.
“We believe that we are on the home stretch of
this transaction,” said Origin Gold’s President and CEO, Jaime
Lalinde. “We are working diligently with the vendor to complete the
remaining conditions, which we expect to be satisfied early in the
first quarter of 2021.”
About Origin Gold
Origin is a mineral exploration company with its
exploration activities focused in Colombia.
For additional information, please contact:Jaime
Lalinde, President and CEOPhone: (57) 312 350
5864Email: jlalinde@fmresources.ca
Cautionary Note Regarding
Forward-looking Information
This press release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, but is not
limited to, statements with respect to the Company’s ability to
complete Acquisition, the expected timing of the satisfaction of
the closing conditions, including the receipt of final approval of
the TSXV, and other matters related thereto. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company, as the case
may be, to be materially different from those expressed or implied
by such forward-looking information. Although the Company has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES
OF THE TSX VENTURE EXCHANGE) HAS REVIEWED OR ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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