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To: Goose94 who wrote (21970)9/1/2016 7:53:53 PM
From: Goose94Read Replies (1) | Respond to of 202167
 
Radius Gold (RDU-V) Sept 1st 2016 announces that it acquired on August 31, 2016 for a purchase price of $300,000, direct ownership of 2,000,000 common shares of Medgold Resources (MED-V), of 200 Burrard Street, Suite 650, Vancouver, BC V6C 3L6, at a price of $0.15 per Common Share.

Immediately following this transaction, Radius owned 10,040,000 common shares of Medgold, representing 14.84% of the issued and outstanding common shares of Medgold. Immediately prior to the transaction, Radius owned 8,040,000 Common Shares and 2,000,000 common share purchase warrants of Medgold.

The Common Shares were acquired by Radius for investment purposes, and depending on market and other conditions, it may from time to time in the future increase or decrease its ownership, control or direction over securities of Medgold through market transactions, private agreements, or otherwise. Radius has filed on www.sedar.com a report in accordance with NI 62-103, and a copy of the report may be obtained by contacting Sally Whittall, the Corporate Secretary of Radius, at 604-801-5432.

About Radius

Radius has been exploring for gold in Latin America for over a decade. The Company has a strong treasury and is looking for investment and project acquisition opportunities across the globe. Please call toll free 1-888-627-9378 or visit our web site ( www.radiusgold.com) for more information.

ON BEHALF OF THE BOARD

Simon Ridgway
President and CEO

Symbol: TSXV-RDU

Contact: Simon Ridgway
200 Burrard Street, Suite 650
Vancouver, BC V6C 3L6
Tel: 604-801-5432; Toll free 1-888-627-9378; Fax: 604-662-8829
Email: info@goldgroup.com
Website: www.radiusgold.com