Golden Share Receives Second Cash Payment in Accord with Its Agreement to Sell Berens River Project
Toronto, Ontario--(Newsfile Corp. - November 23, 2020) - Golden Share Resources Corporation (TSXV: GSH) ("Golden Share") is pleased to announce that it has entered into a Definitive Asset Purchase Agreement with Midex Resources Ltd. ("Midex") to sell its 100% owned Berens River Project and has received the second tranche cash payment. This completes the Midex cash payment obligations. Please refer to the press release dated September 2, 2020 for more details.
Golden Share is pleased and greatly impressed with the Midex team's track record in terms of environmental and social responsibilities, and demonstrable expertise in exploration and business development. Golden Share is also encouraged to see Midex quickly begin to develop and open engagement with local First Nations. Golden Share is looking forward to joining Midex as a supportive shareholder and we believe our shareholders will greatly benefit from Midex's future plans.
About Midex Resources Ltd.
Midex Resources Ltd. is a privately-owned Canadian natural resource company focused on northwestern Ontario. Midex owns 100% interest in 19,000 hectares surrounding the Berens River Mine project as well as 100% interest in 18,000 hectares in the Sturgeon Lake area. Midex is led by an experienced exploration and development mining team. www.midexresources.com
About Golden Share
Golden Share Resources Corporation is a mineral exploration company focusing on the province of Ontario, Canada; a mineral rich and politically stable jurisdiction.
WARNING: Certain statements in this press release may be forward-looking, including those with respect to the timing and content of share distribution, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks, uncertainties and assumptions. Actual results may differ materially from those currently anticipated in such statements. The Company relies upon litigation protection for forward-looking statements. The reader is warned against undue reliance on these forward-looking statements.
Neither 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.
For more information, please visit www.goldenshare.ca or contact:
Golden Share Resources Corporation
Nick Zeng, President & CEO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/68726