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Radius Gold Inc.

Publié le 16 avril 2015

Radius Completes Purchase of Royalty on Bayovar 12 Phosphate Project

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Radius Completes Purchase of Royalty on Bayovar 12 Phosphate Project

April 16, 2015
Radius Completes Purchase of Royalty on Bayovar 12 Phosphate Project
Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to announce that it has completed the purchase from Focus Ventures Ltd. ("Focus") (TSXV:FCV) of a royalty equal to 2% of Focus's 70% interest in future phosphate production from the Bayovar 12 concession for the sum of US$1.0 million. Under the terms of the purchase agreement, Focus has the right for 12 months to buy back one-half of the royalty for US$1.0 million. If Radius decides to sell any of its royalty interest in the future, Focus will retain a first right of refusal.

About Radius

Radius has been exploring for gold, primarily in Latin America, for over a decade. The Company has a strong treasury and is looking for project acquisition and investment opportunities across the globe. Please call toll free 1-888-627-9378 or visit our web site (www.radiusgold.com) for more information.

ON BEHALF OF THE BOARD

Simon Ridgway, President and CEO

Symbols: TSXV-RDU

Contact: Simon Ridgway
200 Burrard Street, Suite 650
Vancouver, BC V6C 3L6
Tel: 604-801-5432; Toll free 1-888-627-9378; Fax: 604-662-8829
Email: [email protected]
Website: www.radiusgold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking StatementsCertain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements may include, without limitation, statements about the Company's plans for its investments and properties; the Company's business strategy, plans and outlook; the merit of the Company's investments and properties; timelines; the future financial performance of the Company; expenditures; approvals and other matters. Often, but not always, these forward looking statements can be identified by the use of words such as "estimate", "estimates", "estimated", "potential", "open", "future", "assumed", "projected", "used", "detailed", "has been", "gain", "upgraded", "offset", "limited", "contained", "reflecting", "containing", "remaining", "to be", "periodically", or statements that events, "could" or "should" occur or be achieved and similar expressions, including negative variations.

Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, changes in general economic conditions and financial markets; the Company or any joint venture partner not having the financial ability to meet its exploration and development goals; risks associated with the results of exploration and development activities, estimation of mineral resources and the geology, grade and continuity of mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in the Company's quarterly and annual filings with securities regulators and available under the Company's profile on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to: that the Company's activities will be in accordance with its public statements and stated goals; that all required approvals will be obtained; that there will be no material adverse change affecting the Company or its investments or properties; and such other assumptions as set out herein. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.

You can view the Previous News Releases item: Thu Mar 26, 2015, Early Warning Report

Lire la suite de l'article sur www.noodls.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Radius Gold Inc.

EN DÉVELOPPEMENT
CODE : RDU.V
ISIN : CA7504681007
Suivi et investissement
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Radius Gold est une société d’exploration minière d'or basée au Canada.

Radius Gold détient divers projets d'exploration au Guatemala, au Nicaragua et au Perou.

Son principal projet en développement est TAMBOR au Guatemala et ses principaux projets en exploration sont EL PAVON, TREBOL et LA PATRIOTA au Nicaragua, BANDERAS et HB au Guatemala, 60 MILE au Canada, TLACOLULA au Mexique et RUBI PROJECT au Perou.

Radius Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 11,3 millions CA$ (8,2 millions US$, 7,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 21 novembre 2003 à 2,03 CA$, et son plus bas niveau récent le 05 décembre 2008 à 0,04 CA$.

Radius Gold possède 86 675 617 actions en circulation.

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Nominations de Radius Gold Inc.
08/05/2007Appoints New VP Exploration
Projets de Radius Gold Inc.
31/08/2012sells Interest in Guatemala Gold Property
14/08/2012Radius Gold closes sale of Nicaraguan Projects to B2Gold
09/05/2011(Banderas)Provides Update on Eastern Guatemala Gold/Silver District
19/03/2008(San Pedro) Options Its San Pedro Gold Project to Vannessa Ventures
28/02/2008(Estrella De Oro) Provides an Update on its Nicaragua Exploration Programs
11/02/2008(Tambor)Metallurgical Tests on Tambor Sample Achieve Gold Recoveries...
22/10/2007(Tambor)Tambor Exploration Adit Returns Additional Intercept of 65.6...
06/09/2007(Tambor)Tambor Exploration Adit Returns 74.5g/t Gold over 3.4m
18/07/2007Exploration Adit at Radius's Tambor Gold Project Intersects ...
27/03/2007(Tambor)Begins Underground Exploration at Tambor
Communiqués de Presse de Radius Gold Inc.
14/06/2016Radius Gold Provides Property and Investments Update
11/05/2016Radius Gold Comments on Media Reports of Temporary Suspensio...
28/04/2016Radius Gold Announces Intention to Terminate SEC Reporting O...
01/02/2016Radius Gold Provides Update on Operations
23/04/2015Obtains Shareholder Approval of Proposed Change of Business
16/04/2015Focus Completes Sale of Royalty on Bayovar 12 Phosphate Proj...
16/04/2015Radius Completes Purchase of Royalty on Bayovar 12 Phosphate...
26/03/2015Early Warning Report
10/03/2015Focus Accelerates Purchase of 70% of JPQ, Owners of Bayovar ...
10/03/2015Radius Gold Acquires Option on Margarita Silver Property, Me...
25/02/2015Radius Gold provides update on proposed Change of Business
07/01/2015Radius Gold Proposes Change of Business to Investment Issuer
07/01/2015IIROC Trading Halt - RDU
06/11/2014Early Warning Report
02/09/2014Radius Commences Drilling at Blue Hill Gold Project, Idaho
14/07/2014Radius Options Blue Hill Gold Project, Idaho From Otis Gold ...
08/10/2013Begins Drilling at Santa Brigida Silver-Gold Project, Mexico
24/05/2012Extends Warrants
03/12/2011Radius Gold Announces Shareholder Approval for Spin-Out
13/07/2011Defines Anomalous Au-Hg-Sb-As-Tl in Soil/Stream Sediment Sam...
07/07/2011Completes $3.66 Million Private Placement
06/06/2011Drilling has commenced at Radius' Sixty Mile Project, Yukon ...
27/05/2011Plans Spin Out of Yukon Assets
16/05/2011Samples 58.26 g/t Au and 1,937 g/t Ag over 5.1 m at Pino Zon...
12/04/2011Exploration Underway at Radius' Sixty Mile Project, Yukon Te...
01/11/2010Exercises Option on Sixty Mile Claims, Yukon
09/05/2008Starts Drilling in Nicaragua
07/04/2008 Provides an Exploration Update
14/11/2007 Acquires Sediment-Hosted Gold Project in Peru
17/10/2007Update on Nicaragua Exploration Programs
25/09/2007Commences Exploration at the Rubi gold - silver Property, Pe...
30/08/2007President, Simon Ridgway, Interviewed by WallSt.net
28/08/2007signs option to acquire the Rubi gold - silver property, Per...
29/05/2007announces initial sampling results from its Trébol property,...
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