CSE New Listing - Sitka Gold Corp. Commences Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Vancouver, British Columbia--(Newsfile Corp. - February 5, 2018) - Sitka Gold Corp. (CSE: SIG) is the latest new listing on the Canadian Securities Exchange, trading under the symbol "SIG".

InvestmentPitch Media has produced a "video" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Sitka" in the search box.



Cannot view this video? Visit:
http://www.investmentpitch.com/video/0_1yy4p7y3/Sitka-Gold-CSESIG-New-Listing

The company completed an IPO with PI Financial, raising gross proceeds of $1,200,000, issuing 6 million units at $0.20 per unit. Each unit consisted of 1 share and one-half a warrant, with each full warrant exercisable at $0.30 for 24 months.

The proceeds from the offering will primarily be used to fund exploration expenditures on the Adobe Gold Property. The company has an option to acquire up to a 100% interest in the Adobe Gold Property from Intercept Minerals Corporation.

The Adobe Gold Property, located 50 kilometres north of Elko, Nevada, on Federal Lands, is comprised of 80 Lode Mining Claims totaling approximately 686 hectares. To acquire the initial 60%, the company must issue 500,000 shares in staged payments, and incur US$600,000 in expenditures by September 1, 2018.

The company's initial exploration program consisted of gulley and ridge soil sampling and additional mapping and outcrop sampling. Compilation and interpretation of the data has identified structurally controlled areas where anomalous pathfinder minerals and gold results have defined three target areas to be drill tested. An NI 43-101 report commissioned by the company has recommended an initial drill testing program that consists of drilling a minimum of 2 holes into each of the three target areas.

The company has recently received approval for its drilling permit application and plans to carry out this drilling program by Q2 of 2018.

For more information, please visit the company's website at www.sitkagoldcorp.com, contact Corwin Coe, CEO, 604-817-4753, or email [email protected].

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).