VANCOUVER, Dec. 3, 2013 /CNW/ - AngloGold Ashanti (U.S.A.) Exploration
Inc.("AngloGold U.S.A."), a wholly-owned subsidiary of AngloGold
Ashanti Limited, is pleased to announce that it has acquired ownership
of 3,000,000 common shares in Corvus Gold Inc. ("Corvus").
The 3,000,000 common shares acquired by AngloGold U.S.A. represent
approximately 4.3% of the outstanding common shares of Corvus.
After the transaction, AngloGold U.S.A. owns 11,698,876 common shares in
the capital of Corvus. The 11,698,876 common shares owned by AngloGold
U.S.A. represent approximately 16.6% of the outstanding common shares in the capital of Corvus.
The common shares were issued from treasury of Corvus for cash at a per
common share price of Cdn$1.00.
AngloGold U.S.A. acquired the common shares for investment purposes only
and may, depending upon market and other conditions, increase or
decrease its beneficial ownership, control or direction over, or
exercise its current rights to acquire, common shares or other units of
Corvus through market transactions, private agreements or otherwise.
AngloGold U.S.A. has relied on section 2.10 of National Instrument
45-106 - Prospectus and Registration Exemptions, as the acquisition cost to AngloGold U.S.A. was not less than $150,000
paid in cash at the time of the acquisition.
SOURCE: AngloGold Ashanti (U.S.A.) Exploration Inc.