Warrior Gold arranges $500,000 private placement

Jan 22, 2019

2019-01-21 10:33 ET – News Release

Mr. Daniele Spethmann reports

WARRIOR GOLD ANNOUNCES FLOW-THROUGH SHARE FINANCING

Warrior Gold Inc. has arranged a non-brokered private placement of five million flow-through common shares at a price of 10 cents per flow-through common share to raise gross proceeds of $500,000.

Daniele Spethmann, president and chief executive officer of Warrior Gold, commented: “The proceeds of this financing will be utilized to fund a 2,000-metre drill program anticipated to start in early February, 2019. The drill program will test geological targets identified by the company’s 2018 property work programs that combined geophysical and surface data with historical property information that was compiled into a 3-D model providing the company with a valuable exploration tool.”

The company may pay finders’ fees on a portion of the private placement in accordance with applicable securities laws and the policies of the TSX Venture Exchange. All securities issued under the private placement will be subject to a four-month-and-one-day hold period under applicable Canadian securities legislation.

The private placement is subject to approval of the TSX Venture Exchange.

About Warrior Gold Inc.

Warrior Gold is a TSX Venture Exchange-listed company focused on gold exploration at its Goodfish-Kirana property located five kilometres from the town of Kirkland Lake, Ont. The Goodfish-Kirana property is located in the historic Kirkland Lake gold camp, which is situated in the prolific Abitibi greenstone belt, recognized as one of the world’s highest-grade greenstone belts with over 200 million ounces of gold produced to date.

We seek Safe Harbor.

https://warriorgoldinc.com/news-releases/