(TheNewswire)
Calgary, Alberta – TheNewswire - August 5, 2022 Tocvan Ventures Corp. (the “Company”)(CSE:TOC ) ; ( OTC:TCVNF ) ; ( FSE:TV3), is pleased to announce it hasengaged with Blaze Capital to increase awareness of its gold-silverprojects in Sonora, Mexico. Founded by stock market educator Mr.Justin Caron in 2018, Blaze Capital has amassed over 45,000subscribers on YouTube, garnering over 4.5 million video views and atotal social reach of 100,000. In addition to stock market videocontent, Mr. Caron also founded a stock market data feed platform –thealgo.com – which offers investors a platform to find datagenerated ideas; engage and share with thousands of like-mindedinvestors and access Mr. Caron’s stock portfolio. With awell-established audience that continues to grow, Blaze Capital hasrecently begun providing investor awareness services by partneringwith select small-cap Canadian securities companies. Blaze Capitalwill be presenting Tocvan across its platforms by featuring theCompany's progress and news flow through a series of YouTube videos,website content and ongoing coverage with its investor databasethrough its newsletter.
“We are very excited to work withMr. Caron at Blaze Capital to engage with a new demographic ofinvestor. Mr. Caron has built an outstanding network and we believethat the timing aligns well with the advancement of our Company andthe shifting market sentiment towards precious metals.”
The Company is also pleased to announce it has approvedthe grant of 1,300,000 incentive stock options to officers, directors,and consultants of the Company. The options vest quarterly over aone-year period following the grant date, are exercisable at a priceof $0.72, and expire on August 5, 2027.
Update on Pilar
As part of the ongoing Phase III drill program, a totalof seven reverse circulation (“RC”) drill holes have beencompleted, totalling 1,382-meters. Drilling focused on the 4-TExpansion and Extension targets and a new trend discovered during thelast stage of drilling. Samples from all seven drill holes have beensubmitted to ALS (Hermosillo) for analysis, results are pending andexpected later this month. Planning is underway for drilling continuedstep-outs further along trend to the southeast of target areas.
Update on Sharing Agreement
The Company wishes to inform investors that pursuant toits Sharing Agreement (see News Release, June 30, 2022) it is set toreceive the first monthly payment of $344,636.52 CAD, minus legal feesof $3,315.20 CAD.
About Tocvan VenturesCorp .
Tocvan is a well-structured exploration developmentcompany. Tocvan was created in order to take advantage of theprolonged downturn in the junior mining exploration sector, byidentifying and negotiating interest in opportunities where managementfeels they can build upon previous success. Tocvan has approximately36 million shares outstanding and is earning 100% into two excitingopportunities in Sonora, Mexico: the Pilar Gold-Silver project and theEl Picacho Gold-Silver project. Management feels both projectsrepresent tremendous opportunity to create shareholder value.
Brodie A. Sutherland, P.Geo., CEO for Tocvan VenturesCorp. and a qualified person ("QP") as defined by CanadianNational Instrument 43-101, has reviewed and approved the technicalinformation contained in this release.
Cautionary Statement RegardingForward Looking Statements
This news release contains“forward-looking information” which may include, but is notlimited to, statements with respect to the activities, events ordevelopments that the Company expects or anticipates will or may occurin the future. Such forward-looking information is often, but notalways, identified by the use of words and phrases such as“plans”, “expects”, “is expected”, “budget”,“scheduled”, “estimates”, “forecasts”, “intends”,“anticipates”, or “believes” or variations (including negativevariations) of such words and phrases, or state that certain actions,events or results “may”, “could”, “would”, “might” or“will” be taken, occur or be achieved.
These forward-looking statements,and any assumptions upon which they are based, are made in good faithand reflect our current judgment regarding the direction of ourbusiness. Management believes that these assumptions are reasonable.Forward-looking information involves known and unknown risks,uncertainties and other factors which may cause the actual results,performance or achievements of the Company to be materially differentfrom any future results, performance or achievements expressed orimplied by the forward-looking information. Such factors include,among others, risks related to the speculative nature of theCompany’s business, the Company’s formative stage of developmentand the Company’s financial position. Forward-looking statementscontained herein are made as of the date of this news release and theCompany disclaims any obligation to update any forward-lookingstatements, whether as a result of new information, future events orresults, except as may be required by applicable securities laws.
There can be no assurance thatforward-looking information will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. Accordingly, readers should not placeundue reliance on forward-looking information.
For more information, please contact:
TOCVAN VENTURES CORP.
Brodie A. Sutherland, CEO
820-1130 West Pender St.
Vancouver, BC V6E 4A4
Telephone: 1 888 772 2452
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