Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (3473)	7/28/2016 6:54:23 PM
From: Goose94	Read Replies (2) \| Respond to of 202785

Granite Creek Gold (GCX-V) June 6, '16 wishes to announce that it has acquired an option to earn a 100% interest in the 34 sq km BANKOLE GOLD CONCESSION by the issuance of 250,000 shares of the capital stock of the Company over the next 2 years. The first 50,000 shares are due upon approval of the transaction by the TSX Venture exchange. An addition installment of 100,000 shares is due on the 1st Anniversary of the signing of the option agreement and the final installment of 100,000 is due on the second anniversary. Located 70 km SW of the Siguiri Mine operated by Anglo Gold Ashanti and 85 km SE of the Lero Mine operated by Norgold the 34 sq. km. Bankole Concession is well situated in a prolific gold belt. The Company also intends to raise of up to $150,000 by issuing up to 3,000,000 units at price of $0.05 per unit by the way of a non-brokered private placement. Each unit will consist of one common share and one-half of a transferable common share purchase warrant. Each full common share purchase warrant will be exercisable for one common share of the Company's capital stock for a period of 18 months at an exercise price of $0.08. Funds from the financing will be used for an initial geological review of the Bankole Concession, for the review of additional gold concessions in Guinea and for general corporate purposes. All issuances of stock, whether due to the option agreement or to the private placement are subject to a 4 month hold period and to approval by the TSX venture exchange. About Granite Creek Gold Granite Creek is a Vancouver based exploration company in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, with the goal of establishing a mineable mineral resource. Granite Creek is currently seeking new opportunities. Granite Creek Gold Ltd. Timothy Johnson President 604-569-2430 info@granitecreekgold.com