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

To: Goose94 who wrote (23781)	1/16/2017 7:02:25 AM
From: Goose94	Read Replies (1) \| Respond to of 202448

Orca Gold (ORG-V) U.S. Treasury Department Announces Easing of U.S. Sanctions Against The Republic of the Sudan Jan 16, '17 - NR Orca Gold is pleased to communicate that on January 13, 2017, President Obama signed an Executive Order "Recognizing Positive Actions by the Government of Sudan and Providing for the Revocation of Certain Sudan-Related Sanctions."1 The full text of the release from the U.S. Treasury Department can be found via the link at the bottom of this press release. Under the Order, which will come into effect on July 12, 2017, U.S. persons will be able to transact business with individuals and entities in Sudan, and property of the Government of Sudan subject to U.S. jurisdiction will be unblocked. "This announcement by the U.S. Government is a huge step for Sudan on its path towards political and economic re-integration with the West. The Government of the Sudan is to be congratulated for its efforts in working towards international acceptance and social and economic improvement for its people. We at Orca are pleased and excited to be part of that program of improvement," Orca's CEO and Director, Richard Clark, commented. "This move by the U.S. significantly changes the financial landscape for the development of our 2.2 million ounce gold project at Block 14. We look forward to introducing our company to investors that up to this point have been restricted in investing in Orca and Sudan." About Orca Gold Inc. Orca Gold Inc. (TSX VENTURE:ORG) is a Canadian resource company focused on exploration and development opportunities in Africa, where it is currently focused on the development of its 70%-owned Block 14 project in the Republic of the Sudan. The Company has an experienced board of directors and management team and a strong balance sheet, with a treasury of $9.5 million at December 2016. On behalf of the Board of Directors: Richard P. Clark, CEO and Director 1 U.S. Treasury Department (2017). Treasury to Issue General License to Authorize Transactions with Sudan (Press Release) Retrieved from https://www.treasury.gov/resource-center/sanctions/Programs/Documents/sudan_fact_sheet.pdf Orca Gold Inc. Elina Chow Investor Relations 416.645.0935 x 226 info@orcagold.com