HALIFAX, May 26, 2017 /CNW/ - Further to its announcement of May 4, 2017, Antler Gold Inc. ("Antler" or the "Company") (TSXV: ANTL) is pleased to report that effective May 25, 2017, the Company has completed its acquisition of a 100% interest in 859 mineral claims held under 40 map-staked licences comprising the Wilding Lake Project pursuant to the Option Agreement between the Company and Altius Resources Inc. ("Altius") dated September 15, 2016, as amended. Concurrently with the completion of the transfer of the Wilding Lake property to the Company, the Company and Altius entered into a royalty agreement pursuant to which Altius has retained a 2% net smelter royalty in respect of commercial production from the property, subject to reduction for underlying royalty obligations.
This press release may contain forward-looking information. This information is based on current expectations and assumptions (including assumptions in connection with the continuance of the Company as a going concern and general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. The Company assumes no obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators which filings are available at www.sedar.com.
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.
SOURCE Antler Gold Inc.
For further information: Daniel Whittaker, Director, President and Chief Executive Officer, T: (902) 488-4700