(TheNewswire)
Vancouver, British Columbia– TheNewswire- June 8, 2022 – Red Lake Gold Inc. (CSE:RGLD)(“ RedLake Gold ” or the " Corporation ")reports that on June 7, 2022 it delivered a termination notice to thearm’s-length third-party (the “Earn-In Party”) as concerns theparticipation right of the Earn-In Party under the previouslyannounced agreement involving Red Lake Gold’s Whirlwind Jack Project(the “Project”) according to a provision pertaining to incurablematerial breaches.
The Corporation would retain its original 100% workinginterest in the Project, save and except for a successful legalchallenge by the Earn-In Party.
Red Lake Gold shall provide further update toshareholders on applicable developments and particulars, as and ifapplicable.
On Behalf of the Board ofDirectors
Ryan Kalt
Chairman & Chief Executive Officer
Email: info@redlakegold.ca
Forward-Looking Statements
This news release contains forward-looking statements.Forward-looking statements address future events and conditions andtherefore, involve inherent risks and uncertainties. Actual resultsmay differ materially from those currently expected or forecast insuch statements.
Neither the CSEnor its Regulation Services Provider (as that term is defined in thepolicies of the CSE Exchange) accepts responsibility for the adequacyor accuracy of this release.
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