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Golden Arrow Resources Completes the Sale of its Interest in Puna Operations |
September 19, 2019
All dollar amounts in Canadian Dollars unless otherwise noted Vancouver, BC / CNW / September 19, 2019 / Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF) (“Golden Arrow” or the “Company”), is pleased to announce that the Company has successfully completed the transaction announced on July 22, 2019 and has sold the Company’s 25% interest in Puna Operations Inc. (“Puna Operations”) to SSR Mining Inc. (TSX: SSRM); (NASDAQ: SSRM) (“SSRM”) (the “Transaction”). The full details of the Transaction were set out in our news release dated July 22, 2019. As consideration for the sale of its 25% interest in Puna Operations, Golden Arrow received:
About Golden Arrow Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits. The Company is well-leveraged to the price of gold, having monetized its Chinchillas silver discovery into a significant holding in precious metals producer SSRM. Golden Arrow is actively exploring a portfolio that includes advanced projects in Chile, a district-scale frontier opportunity in Paraguay, and more than 185,000 hectares of properties in Argentina. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993. ON BEHALF OF THE BOARD “Joseph Grosso” For further information please contact: Corporate Communications Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements. View in PDF Format |
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