New Carolin Gold Announces Extension Of Purchase Agreement Closing Date To April 15, 2016
White Rock, B.C. / TheNewswire / April 17, 2015: New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD) is pleased to announce that further to its January 14, 2015 press release announcing the granting of a vesting order to permit Century Mining Corp.'s ("Century") Receiver to complete the sale of Century's interest in the Ladner Gold Project to New Carolin, the Company and the Receiver have reached an agreement in principle to extend the closing date of the agreement to April 15, 2016, subject to finalizing the details of such agreement, at which time a further press release shall be issued..
In the meantime, the Company continues to pursue financial sources and potential partners to enable it to meet the closing conditions of the purchase agreement and advance the Ladner Gold Project.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.
For additional information, please visit the Company's website at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Robert L. Thast"
President & Chief Executive Officer
Phone: 778.294.1411
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com
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 the accuracy of this press release.
We seek Safe Harbor.
Not for distribution in the United States.
Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.
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