Edmonton, Alberta – (April 10, 2023) – Green River Gold Corp. (CSE: CCR) (the “Company” or “Green River“) is pleased to announce that the Company has entered into an agreement to engage Agora Internet Relationship Corp. (“Agora“) to provide online advertising services to the Company (the “Service Agreement“). For the services to be performed under the Service Agreement, the Company will pay total fees of $125,000 plus HST (the “Fees“) to Agora with an upfront payment of $25,000 plus HST and the balance in equal quarterly payments with the last payment due on April 30, 2024. The Fees will be paid through the issuance of common shares of the Company at the deemed issuance price of the closing price of the common shares the day before the issuance date, subject to the policies of the Canadian Securities Exchange and applicable securities laws.
The securities issued to Agora pursuant to the Service Agreement will be issued under an exemption from the prospectus requirements set out in National Instrument 45-106 – Prospectus Exemptions and will be subject to a four-month and a day hold period.
About Green River Gold Corp.
Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in British Columbia.
The Fontaine and Quesnel properties cover an area exceeding 200 square kilometers and straddle an 18 km length of the Barkerville and Quesnel Terranes. They are contiguous to Osisko Development Corp.’s mineral claim group containing a proposed mine location at its Cariboo Gold Project.
The Kymar Silver Project is located in southeast BC, approximately 28 kilometers west of the town of Invermere in the Golden Mining Division. The property is made up of two mineral tenures, totaling 1,625 hectares, along the southeast flank of Mount Catherine.
For more information contact:
Green River Gold Corp.
Mr. Perry Little – President and Chief Executive Officer
Additional information about Green River Gold Corp. can be found by reviewing its profile on SEDAR at www.sedar.com.
Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Expressions such as “anticipates”, “expects”, “believes”, “estimates”, “could”, “intends”, “may”, “plans”, “predicts”, “projects”, “will”, “would” and other similar expressions, or the negative of these terms, are generally indicative of forward-looking information. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumption. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain, and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.
The securities of the Company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.