Golden Tag Announces Closing of $1.125 Million Non-Brokered Financing Including Strategic Investment by Eric Sprott - Seite 2

The Units were acquired by Mr. Sprott for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities of Golden Tag including on the open market or through private acquisitions or sell securities of Golden Tag including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other factors that Mr. Sprott considers relevant from time to time. 

A copy of Sprott's early warning report will appear on Golden Tag’s profile on SEDAR and may also be obtained by calling Mr. Sprott’s office at [phone] (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J1). 

About Golden Tag Resources

Golden Tag Resources Ltd. is a junior exploration company exploring for high-grade silver deposits. The Company holds a 100% interest in the San Diego property in Durango State, Mexico. The San Diego property is located within the Velardeña Mining District, the site of several mines having produced silver, zinc, lead and gold over the past century. For more information regarding the San Diego property please visit our website at www.goldentag.ca. Golden Tag has no debt and following the Private Placement has 129,806,558 shares issued and outstanding, as well cash balances of approximately $2.1 million.
 
For additional information, please contact:

Greg McKenzie, President & CEO
Ph: 416-504-2024
Email: [e-mail]
www.goldentag.ca  
 
Cautionary Statement: 

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 news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company, or management, expects a stated condition or result to occur. Forward looking information in this news release includes, but is not limited to, the anticipated size of the Offering, the anticipated closing date and the completion of the Offering, the anticipated use of the net proceeds from the Offering, the receipt of all necessary approvals, including the approval of the TSX-V, the ability to find and acquire new resource mineral projects.