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Sanatana Resources Inc.


June 19, 2017

Sanatana Receives TSX-V for Jackfish Gold Property and Makes First Option Payments

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Keywords :   Cash | Economic | Exploration | Gold | K Street | Management | Work |

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 19, 2017) - Sanatana Resources Inc. ("Sanatana" or the "Company") (TSX VENTURE:STA) has received regulatory approval from the TSX Venture Exchange for the three mineral option agreements (the "Option Agreements") announced in the Company's news releases dated February 7, 2017 (a copy of which is available under the Company's SEDAR profile available at www.sedar.com).

Under the terms of the Option Agreements, Sanatana issued the respective optionors the first tranche of the share consideration, being an aggregate of 3,000,000 common shares, and made aggregate first tranche cash payments of $145,000. The common shares issued are subject to a hold period of four months and a day from the date of issuance as required by applicable securities law.

Peter Miles, President and CEO, stated: "Having made the first option payments, Sanatana is immediately initiating exploration on the Jackfish gold project. We will begin work on the Wahl ground for which we already have an exploration permit. The program's objective is to better define drill collar locations for a planned drill program. The current work program will include ground geophysics (magnetic and electromagnetic surveys) and geochemistry (outcrop stripping and sampling of previously discovered high-grade gold showings)."

The information in this news release was prepared under the supervisions of Troy Gill, BSc. MAIG, Exploration Manager for Sanatana. Mr. Gill is a Qualified Person for the purposes of National Instrument 43-101 -- Standards of Disclosure for Technical Projects and has reviewed and approved the technical information disclosed in this news release.

About the Company

Sanatana Resources Inc. is a mineral exploration and development company that has optioned the Jackfish gold property in northwestern Ontario. With an experienced management team and board of directors, the Company has the ability required to identify, develop and fund economic mineral properties. Sanatana is based in Vancouver and is listed on the TSX Venture Exchange (TSX VENTURE:STA).

SANATANA RESOURCES INC.

Peter Miles

President and Chief Executive Officer

Cautionary Statement Regarding "Forward-Looking" Information

Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "plans", "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond Sanatana's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

CONTACT INFORMATION:

 


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Sanatana Diamonds Inc

EXPLORATION STAGE
CODE : STA.V
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Sanatana is a diamonds development stage company based in Canada.

Its main exploration property is MACKENZIE CRATON in Canada.

Sanatana is listed in Canada and in United Kingdom. Its market capitalisation is CA$ 5.4 millions as of today (US$ 4.1 millions, € 3.7 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.98, and its lowest recent point on November 25, 2016 at CA$ 0.01.

Sanatana has 135 480 000 shares outstanding.

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Annual reports of Sanatana Diamonds Inc
2008 Annual Report
Financings of Sanatana Diamonds Inc
12/20/2013Closes Private Placement
12/7/2013Announces Private Placement
10/17/2013Announces Closing of Private Placement
9/25/2013Announces Private Placement
8/15/2013Announces Closing of Private Placement
7/25/2013Announces Private Placement and Election to Include Addition...
11/10/2012Closes Private Placement for Gross Proceeds of $1,984,455
11/6/2012Announces Increase in FT Units for Private Placement of FT U...
10/25/2012Announces Private Placement of FT Units
6/29/2012Announces $1,500,000 Private Placement and Option Grant
12/27/2011Announces $1,000,000 Private Placement
12/17/2010reases Non-Brokered Private Placement to $2,750,000
2/5/2008Announces Closing of Private Placement
1/22/2008 Announces Pricing for Private Placement
Option Grants of Sanatana Diamonds Inc
6/27/2012Announces Stock Option Grant and Cancellation
10/21/2011Announces Stock Option Grant and Cancellation
2/18/2011Announces Proposed Name Change and Grants Stock Options
6/21/2008Grants Stock Options
4/29/2008Grants Stock Options
Project news of Sanatana Diamonds Inc
2/14/2014Acquires Property Near Green Lake, Saskatchewan
11/5/2013Sanatana Commences Binding Arbitration Proceedings Against T...
8/12/2013Reports Drill Results and Announces Staking of Additional Mi...
5/15/2013Provides Exploration Update on the Watershed Property
4/29/2013Sanatana Responds to Trelawney Easement Application on Water...
1/10/2013Provides Exploration Update on Its Watershed Property
11/28/2012Earns 50% Interest in Watershed Property
9/12/2012Completes Required Exploration Expenditures on Watershed Pro...
6/19/2012Provides Exploration Update on the Watershed Property
4/20/2012Reports on Watershed Property Exploration Program-Highlights...
3/13/2012Completes First Year Option Payment on Watershed Property
3/1/2012Reports on Watershed Property Exploration Program-Highlights...
2/9/2012Reports on Watershed Property Exploration Program-Highlights...
6/1/2011Begins Summer Exploration Program
2/16/2011Announces Option and Joint Venture Agreement With Augen Gold
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3/10/2016Sanatana Completes Sale of Watershed Property
3/4/2016Sanatana Shareholders Approve Sale of Watershed Property
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1/12/2016IIROC Trading Resumption - STA
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1/12/2016IIROC Trading Halt - STA
1/3/2016Sanatana Reports Result of Annual General and Special Meetin...
12/30/2015Sanatana Reports Result of Annual General and Special Meetin...
12/17/2015Director Resignation
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12/1/2015Sanatana Gives Notice To Form Joint Venture
11/10/2015Sanatana Reports Exploration Results On Clam Lake Property A...
9/23/2015Sanatana Announces Resignation of Director
9/15/2015Sanatana Announces Maiden Resource Estimate for the Watershe...
9/15/2015IIROC Trading Resumption - STA
9/15/2015IIROC Trading Halt - STA
5/25/2015Sanatana Receives Payment from IAMGOLD for MLC Cost Order
5/25/2015Receives Payment From IAMGOLD for MLC Cost Order
4/27/2015IIROC Trading Resumption - STA
4/24/2015IIROC Trading Halt - STA
3/13/2015Sanatana Provides Additional Commentary With Respect To The ...
3/13/2015Sanatana Provides Additional Commentary With Respect to the ...
3/11/2015Trelawney Reports Exploration Results on Clam Lake Property
1/23/2015Sanatana Provides Shareholder Update
1/23/2015Sanatana Provides Shareholder Update
12/13/2014Sanatana Reports Result of Annual General and Special Meetin...
12/12/2014Sanatana Reports Result of Annual General and Special Meetin...
12/8/2014Sanatana Provides Shareholder Update
12/8/2014Sanatana Provides Shareholder Update
11/11/2014No Easements for Trelawney in Connection with Côté Gold Proj...
11/10/2014No Easements for Trelawney in Connection With Côté Gold Proj...
10/2/2014Sanatana Closes Private Placement
9/16/2014Sanatana Resources Inc.: Hearing Dates Set for Cote Gold Pro...
9/4/2014Cote Gold Project Easement Dispute Update
8/26/2014Trelawney Reports Exploration Results on Clam Lake Property ...
7/31/2014Sanatana Announces New Director Appointment
6/13/2014Sanatana Announces Passing of Director Dr. Nicholas Archibal...
6/12/2014Sanatana Announces New Corporate Presentation, Posting of Ea...
6/2/2014Sanatana Announces Exploration Drilling Results on the Clam ...
5/9/2014IIROC Trading Resumption - STA
5/9/2014IIROC Trading Halt - STA
2/15/2014Announces Grant of Options
12/12/2013Reports Result of Annual General and Special Meeting
11/5/2013Commences Binding Arbitration Proceedings Against Trelawney ...
7/5/2013Sanatana Provides Update on Trelawney Easement Application
7/4/2013Provides Update on Trelawney Easement Application
4/29/2013Responds to Trelawney Easement Application on Watershed Prop...
10/4/2012Reports Result of Annual General and Special Meeting
9/14/2012Retains Assembly Stakeholder Relations to Provide Investor R...
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6/5/2012Adopts Shareholder Rights Plan
2/10/2012Sanatana Reports on Watershed Property Exploration Program-H...
12/30/2011Announces Closing of Private Placemen =?ISO-8859-1?Q?t=20for...
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10/8/2011Reports Result of Annual General and Special Meeting
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6/23/2011Announces Passing of Director Harley Hotchkiss
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4/6/2011: Result of Special Meeting
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2/22/2011Grants and Cancels Stock Options
2/16/2011Announces Option and Joint Venture Agreement With Augen Gold
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12/31/2010Sanatana Announces Closing of First Tranche
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9/17/2008Cancellation of AIM Listing on October 10, 2008
9/12/2008Cancellation of AIM Listing
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