VANCOUVER, April 10, 2017 /CNW/ - Leagold Mining Corporation
(TSX-V: LMC) ("Leagold" or the "Company") is pleased to announce
that it has retained the services of Renmark Financial
Communications Inc. to provide support to investor relations
activities. Renmark has offices in Toronto and Montreal.
In consideration of the services to be provided, the monthly
fees incurred by Leagold Mining Corporation will be a cash
consideration of up to C$8,000,
starting April 1, 2017 for a period
of six months ending on October 31,
2017 and monthly thereafter.
Renmark Financial Communications does not have any interest,
directly or indirectly, in Leagold Mining Corporation or its
securities, or any right or intent to acquire such an interest.
About Leagold Mining Corporation
Leagold aims to build a new mid-tier gold producer with a focus
on opportunities in Latin America. Leagold is based in
Vancouver, Canada and is listed on
the TSX Venture Exchange under the trading symbol "LMC". The
recent acquisition of the Los Filos Mine, a low-cost gold producer
in Mexico, provides an excellent
platform for growth.
On behalf of Leagold Mining Corporation
Neil Woodyer, Chief Executive
Officer
This news release contains "forward-looking statements" and
"forward looking information" (as defined under applicable
securities laws), including but not limited to, statements with
respect to the pro forma equity ownership, and the conversion
of the Subscription Receipts issued to Orion and plans for future
development of the Los Filos Mine. Generally, these forward-looking
statements can be identified by the use of forward-looking
terminology such as "expects", "expected", "budgeted", "forecasts"
and "anticipates". Forward-looking statements and information,
while based on management's best estimates and assumptions, are
subject to risks and uncertainties that may cause actual results to
be materially different from those expressed or implied by such
forward-looking statements, including but not limited to: risks
related to the receipt of all necessary approvals for conversion of
the Orion Subscription Receipts; risks related to the Los Filos
Mine, risks related to the successful integration of the
acquisition; risks related to international operations; risks
related to general economic conditions and credit availability,
actual results of current exploration activities, unanticipated
reclamation expenses; changes in project parameters as plans
continue to be refined; fluctuations in prices of metals including
gold; fluctuations in foreign currency exchange rates, increases in
market prices of mining consumables, possible variations in ore
reserves, grade or recovery rates; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes,
title disputes, claims and limitations on insurance coverage and
other risks of the mining industry; delays in the completion of
development or construction activities, changes in national and
local government regulation of mining operations, tax rules and
regulations, and political and economic developments in countries
in which Leagold operates. Although Leagold has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. The forward-looking statements and forward looking
information are made as of the date hereof and Leagold disclaims
any obligation to update any such factors or to publicly announce
the result of any revisions to any of the forward-looking
statements or forward looking information contained herein to
reflect future results. Accordingly, readers should not place undue
reliance on forward-looking statements and information.
Please refer to Leagold's most recent filings under its profile at
www.sedar.com for further information respecting the risks
affecting Leagold and its business.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Leagold Mining Corporation