Origin Gold Provides Update on Acquisition of Colombian Gold Project
Origin Gold Corporation (“Origin Gold” or the “Company”) (TSXV: OIC) is pleased to provide an update on its previously announced acquisition of a gold mining project in Colombia (the “Acquisition”). The Company is working diligently to complete the remaining conditions to closing, which management expects will be satisfied early in the first quarter of 2021. Origin Gold is preparing for its special meeting of shareholders, on January 12, 2021, at which the Company expects to receive shareholder approval for matters related to the Acquisition, including the creation of Bullet Holding Corp. as a new Control Person (as that term is defined under the applicable policies of the TSX Venture Exchange (“TSXV”). Please see the Company’s management information circular dated December 8, 2020 for more information, which is available under the Company’s SEDAR profile at www.sedar.com.
The project consists of interests in 26 mining claim titles and applications in Antioquia, Colombia. For more information about the Acquisition, please see the Company’s press releases dated October 28, 2020, November 30, 2020 and December 11, 2020, which are also available under the Company’s SEDAR profile. The closing of the Acquisition remains subject to the satisfaction of customary conditions precedent, including the receipt of regulatory approvals in Colombia, the final approval of the TSXV (including the completion of a technical report and the provision of financial statements, a financial plan, and a legal title opinion), shareholder approval for the creation of a new Control Person, and other closing conditions found in similar transactions.
About Origin Gold
Origin is a mineral exploration company with its exploration activities focused in Colombia.
For additional information, please contact:
Jaime Lalinde, President and CEO
Phone: (57) 312 350 5864