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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 14, 2014) - Otis Gold Corp. ("Otis") (TSX VENTURE:OOO)(OGLDF) is pleased to announce that it has signed a Letter of Intent (the "Agreement") to joint venture its Blue Hill Creek Project ("Blue Hill Creek") with Radius Gold Inc. ("Radius"). Blue Hill Creek, which is a single target located within Otis' larger Oakley Gold Project located in Cassia County, Idaho, is a high-potential, classic epithermal hot spring-type gold play. The Blue Hill Creek Project consists of 36 federal lode mining claims and one 80 acre Idaho State lease all totaling 800 acres. Otis is a resource company focused on the acquisition, exploration, and development of precious metal deposits in Idaho, USA. Otis is currently developing its flagship property, the Kilgore Gold Project, located in Clark County, Idaho. ON BEHALF OF THE BOARD Craig T. Lindsay, President and CEO Neither the 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. The forward-looking information contained in this press release is made as of the date hereof and Otis undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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Otis Gold Corp.
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EXPLORATEUR |
CODE : OOO.V |
ISIN : CA6890071021 |
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Otis Gold est une société d’exploration minière d'or basée au Canada. Ses principaux projets en exploration sont GOLD BUG, HAI, GOLD BUG (BAYSWATER), OAKLEY, REDCAT, BUCKHORN et KILGORE en USA. Otis Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 18,2 millions CA$ (12,8 millions US$, 11,9 millions €). La valeur de son action a atteint son plus haut niveau récent le 07 janvier 2011 à 0,84 CA$, et son plus bas niveau récent le 10 avril 2015 à 0,02 CA$. Otis Gold possède 145 540 000 actions en circulation. |