Cassiar Gold Corp. (TSXV: GLDC, OTC:CGLCF) (OTCQX: CGLCF) (“Cassiar Gold” or the “Firm”) declares its intention to use to the TSX Enterprise Trade (“TSXV”) for approval and acceptance of an modification to the expiration time period of its excellent widespread inventory buy warrants (the “Warrants”) issued in reference to the personal placement accomplished in Might 2024. The Warrants have a time period of two years and can expire on Might 3, 2026 (the “Preliminary Expiration Date”), however the Firm is proposing to increase the Expiry Date by an extra month to June 3, 2026 (the “Extension of the Warrants”).
The opposite phrases of the warrants won’t be amended and the train value will stay at $0.50 per warrant.
Warrant extensions stay topic to approval by the TSXV. This may increasingly embody requiring us to acquire consent from holders of warrants exercised previous to their authentic expiration date.
About Cassiar Gold Corp.
Cassiar Gold Corp. is a Canadian gold exploration firm with a 100% curiosity within the flagship Cassiar Gold Property positioned in British Columbia, Canada. Cassiar Gold has a web site space of 590 km2 and consists of two major undertaking areas.
Cassiar North. We host the latest Mineral Useful resource Estimate (MRE) for the Taurus deposit, ready in accordance with the Canadian Mining and Metallurgy Petroleum Definition Customary, which is included by reference into NI 43-101. The minebound MRE incorporates a Mineral Useful resource of 8.8 million tonnes (Mt) at 410,000 oz gold, 1.43 grams per tonne gold (g/t Au), plus 6320 at 0.95 g/t Au, 1.93 million ounces (Moz) gold utilizing 0.4 g/t gold. Incorporates an estimated mineral useful resource of 10,000,000 tonnes. Au cutoff grade. 91% of the ounces happen inside 150 meters of the earth’s floor (see NI 43-101 Technical Report titled “Nationwide Instrument 43-101 Technical Report on the Cassiar Gold Property” ready by Zelligan, P.Geo and Jolette, P.Geo, efficient June 8, 2025). And Cassia South will host quite a few gold reveals, historic actions, and exploration prospects. Historic underground mines within the Cassiar South area have produced over 315,000 ounces of Au with common head grades of 10-20 g/t Au (NI 43-101 Technical Report on the Cassiar Gold Property ready by Zelligan, P.Geo and Jolette, P.Geo, dated June 8 (2025), highlighting the excessive potential for additional discovery and enlargement of high-grade orogenic gold deposits.
The Firm additionally owns a 100% curiosity in actual property protecting the vast majority of the Sheep Creek Gold Camp close to Salmo, British Columbia. The Sheep Creek gold district was the third largest orogenic gold district ever produced in British Columbia from 1900 to 1951. Minimal exploration work has been carried out because the Nineteen Fifties.
Certified individual
Jill Maxwell, P.Geo., Vice President of Exploration, Cassiar Gold Corp., a Certified Individual as outlined by Nationwide Instrument 43-101, has reviewed and accepted the technical data on this press launch.
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Ahead-looking statements
This press launch might include forward-looking statements, together with people who describe Cassiar Gold’s future plans and administration’s expectations that the said outcomes or circumstances will happen. Statements relating to future occasions or circumstances essentially contain inherent dangers and uncertainties. Precise outcomes might differ materially from these anticipated by administration on the time of writing resulting from plenty of elements, most of that are past the management of Cassiar Gold and its administration. Particularly, this information launch incorporates forward-looking statements that instantly or not directly relate to: Utility for warrant extension by the Firm. Acceptance of TSXV Warrant Extension. Consent from holders of warrants exercised previous to their authentic expiration date. train of warrants; our exploration plans and work efforts;
Though Cassiar Gold believes that the expectations and assumptions underlying the forward-looking statements are cheap, you shouldn’t place undue reliance on forward-looking statements because the Firm can provide no assurance that they’ll show to be appropriate. Ahead-looking statements relate to future occasions and circumstances and by their nature contain inherent dangers and uncertainties that might trigger precise outcomes to vary materially from these at the moment anticipated resulting from plenty of elements and dangers. These embody, however will not be restricted to, normal financial, market and enterprise circumstances, dangers related to the exploration and growth trade typically (e.g., operational dangers in growth, exploration and manufacturing, uncertainties in estimates of mineral assets, uncertainties in estimates and forecasts with respect to manufacturing, prices and bills, well being, security and environmental dangers), constraints on the provision of companies, fluctuations in commodity costs and change charges, adjustments in legal guidelines affecting the mining trade, adversarial climate circumstances and the uncertainties ensuing therefrom. potential delays or adjustments in plans for exploration or growth tasks or capital expenditures;
Readers are cautioned that the foregoing checklist of threat elements shouldn’t be construed as exhaustive. These statements converse solely as of the date of this launch or the dates laid out in paperwork accompanying this launch, because the case could also be. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements, besides as expressly required by relevant securities legal guidelines.
Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.
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