| Ely Gold Announces Closing of Agreement with Solitario | |
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Ely Gold & Minerals Inc. ("Ely Gold" or the "Company") is pleased to announce that Solitario Exploration & Royalty Corp. (NYSE MKT: XPL; TSX: SLR) ("Solitario") has returned 15,732,274 Ely Gold common shares to the Company pursuant to the terms of the Consent Agreement announced by the Company on June 11, 2015. The Company has subsequently returned the shares to treasury, thereby reducing its issued and outstanding share capital to 64,580,474 common shares.
About Ely Gold
Ely Gold is focused on the acquisition and development of gold resources in Nevada, including its Green Springs property in White Pine County, Nevada. Ely Gold is traded on the TSXV. Additional information about Ely Gold is available online at www.elygoldandminerals.com.
FOR MORE INFORMATION AT ELY GOLD, CONTACT:
Steve Kenwood
Director
(604) 488-1104
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Trey Wasser
President & CEO
(972) 803-3087
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On Behalf of the Board of Directors
Signed "Trey Wasser"
Trey Wasser, President & CEO
For further information, please contact Ely Gold & Minerals Inc. at 604-488-1104.
E-mail: [email protected]; Website: www.elygoldandminerals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. 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.
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Ely Gold and Minerals Inc.
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CODE : ELY.V |
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ISIN : CA2905191078 |
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Ely Gold and Minerals is a gold development stage company based in Canada. Ely Gold and Minerals holds various exploration projects in USA. Its main exploration properties are MOUNT HAMILTON and CENTENNIAL (NEVADA) in USA. |