Durango Issues Shares to Agoracom
Vancouver, BC / TheNewswire / May 5, 2016 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") announces that pursuant to the terms of an agreement announced on September 16, 2015 with Agora Internet Relations Corp. Durango will issue 383,393 common shares at an average deemed price of $0.07 per share to Agora for services rendered in the amount of $28,250.
The common shares to be issued upon this agreement will be subject to a hold period of four months and one day from the date of issuance. The issuance of shares for advertising services by Agora is subject to TSX Venture Exchange approval.
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner's Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, the Dianna Lake silver project in northern Saskatchewan, the NMX East lithium property near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
Facsimile: 888.266.3983
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This document may contain or refer to forward-looking information based on current expectations, including, obtaining the approval of the TSX Venture Exchange, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company's prospectus filed on its SEDAR profile at www.sedar.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.
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