VANCOUVER, BC, Dec. 31, 2020 /CNW/ - Angold Resources
Ltd. (TSXV: AAU) (FRA: 13L1) ("Angold" or
the "Company") is pleased to announce that it has commenced
trading on the TSX Venture Exchange (the "TSX-V") under the symbol
"AAU", following the successful completion of its acquisition of
Federal Gold Corp. and concurrent subscription receipt financing of
$8,000,000.
For further information concerning the Company and its business,
please see the filing statement dated December 18, 2020, supporting its application for
listing on the TSX-V. A copy of the filing statement was filed
under the Company's profile on SEDAR.
About Angold
Angold is an exploration and development company targeting
large-scale mineral systems in the proven districts of the
Maricunga, Nevada and Ontario. Angold owns a 100% interest in the
Dorado, Cordillera and South Bay-Uchi projects, and certain claims
that append the optioned Iron Butte project.
ON BEHALF OF THE BOARD OF ANGOLD RESOURCES LTD.
"Adrian Rothwell"
Chief Executive
Officer
Further information on Angold can be found on the Company's
website at www.angoldresources.com and at www.sedar.com, or by
contacting the Company by email at investors@angoldresources.com or
by telephone at (866) 852 8719.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward Looking Statements: This news release
contains forward-looking statements and forward-looking information
within the meaning of applicable securities laws. These statements
relate to future events or future performance and includes
expectations of the resumption of trading of the Company's common
shares on the Exchange. All statements other than statements of
historical fact may be forward-looking statements or information.
Forward-looking statements and information are often, but not
always, identified by the use of words such as "appear", "seek",
"anticipate", "plan", "continue", "estimate", "approximate",
"expect", "may", "will", "project", "predict", "potential",
"targeting", "intend", "could", "might", "should", "believe",
"would" and similar expressions. Forward-looking statements and
information are provided for the purpose of providing information
about the current expectations and plans of management of the
Company relating to the future. Readers are cautioned that reliance
on such statements and information may not be appropriate for other
purposes, such as making investment decisions. Since
forward-looking statements and information address future events
and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results could differ materially from
those currently anticipated due to a number of factors and risks.
Accordingly, readers should not place undue reliance on the
forward-looking statements, timelines and information contained in
this news release.
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SOURCE Angold Resources Ltd.