NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES
VANCOUVER, BC, Feb.
16th, 2021 /CNW/ - Eclipse Gold Mining
Corporation ("Eclipse") (TSX.V:EGLD) (OTC:EGLPF) is
pleased to announce that Eclipse and Northern Vertex Mining
Corp. ("Northern Vertex") have completed the previously
announced statutory plan of arrangement under the Business
Corporations Act (British
Columbia) pursuant to which Northern Vertex has acquired all
of the issued and outstanding common shares of Eclipse (the
"Eclipse Shares"). It is expected that the Eclipse
Shares will be delisted from the TSX Venture Exchange as of the
close of trading on or about February
17, 2021. It is anticipated that Northern Vertex will
shortly apply to cause Eclipse to cease being a reporting issuer
under applicable Canadian securities laws.
ON BEHALF OF THE BOARD OF DIRECTORS OF ECLIPSE GOLD MINING
CORPORATION
Kenneth Berry,
Director
CORPORATE INQUIRIES:
Kenneth Berry, Director
+1 (855) 633-8798 Toll Free
+1 (604) 601-3656 Office
Email: ken@northernvertex.com
Michael Allen
+1 (604) 601-3656 Office
Email: mike@northernvertex.com
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.
Cautionary Statement Regarding Forward Looking
Information
All statements, trend analysis and other information contained
in this press release about anticipated future events or results
constitute forward-looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "expect" and
"intend" and statements that an event or result "may", "will",
"should", "could" or "might" occur or be achieved and other similar
expressions. All statements, other than statements of historical
fact, included herein, including, without limitation, the timing of
the delisting of the Eclipse shares from trading on the TSX Venture
Exchange and Northern Vertex's intention to apply to cause Eclipse
to cease to be a reporting issuer under applicable Canadian
securities laws, are forward-looking statements. Although Northern
Vertex and Eclipse believe that the expectations reflected in such
forward-looking statements and/or information are reasonable, undue
reliance should not be placed on forward-looking statements since
neither Northern Vertex nor Eclipse can give no assurance that such
expectations will prove to be correct. These statements involve
known and unknown risks, uncertainties and other factors that may
cause actual results or events to differ materially from those
anticipated in such forward-looking statements. Forward-looking
statements are subject to business and economic risks and
uncertainties and other factors that could cause actual results of
operations to differ materially from those contained in the
forward-looking statements. Important factors that could cause
actual results to differ materially from the expectations of
Northern Vertex and Eclipse include risks associated with the
businesses of Northern Vertex and Eclipse and risks related to the
timing and receipt of approvals in respect of applications for
Eclipse to cease to be a reporting issuer. Forward-looking
statements are based on estimates and opinions of management at the
date the statements are made. Northern Vertex and Eclipse do not
undertake any obligation to update forward looking statements,
except as required by applicable securities laws. Investors should
not place undue reliance on forward-looking statements.
SOURCE Eclipse Gold Mining Corporation