Vancouver, B.C. November 5, 2020 – STEVENS GOLD NEVADA INC. (CSE: SG) (OTCQB: STVGF) (the “Company” or “Stevens Gold”) announces completion of its first payment of shares pursuant to the Millennium Gold Project Option (refer news releases on October 7, 2020 and November 4, 2020).
Stevens Gold holds the option to acquire a series of mineral exploration permits from the Arizona State Land Department known as the Millennium Gold Project, pursuant to a mineral rights agreement, dated September 22, 2020. The Company has issued 1,000,000 of its common shares to the optionors prior to the deadline set out in the Millennium Gold Project Option.
The 1,000,000 common shares are subject to a four month and a day hold period and are restricted shares in accordance with applicable U.S. securities laws.
About Stevens Gold
Stevens Gold (CSE: SG) (OTCQB: STVGF) is engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, including optioned claims in the Black Point property in Nevada, and the Millennium Gold Project in Arizona. The Millennium Gold Project consists of three State mineral leases totaling 1,920 acres and is in the general vicinity of the Oatman mining district with over 2 million ounces of bonanza-grade gold that has been discovered and where Equinox’s Castle Mountain open pit gold mine is located.
ON BEHALF OF STEVENS GOLD NEVADA INC.
CEO, President, Director & Secretary
For Further Information:
Investor Relations Manager Purple Crown Communications Corp.
T: (604) 617-5290
Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Stevens Gold. Forward-looking information is based on certain key expectations and assumptions made by the management of Stevens Gold. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statementsin this press release include that (a) we are increasing the maximum amount of the private placement to $1 million, (b) we are pursuing an acquisition of Lynx Gold Mining Corp., and (c) the Millennium Gold property is in the general vicinity of the Oatman mining district with over 2 million ounces of bonanza-grade gold that has been discovered. Although Stevens Gold believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Stevens Gold can give no assurance that they will prove to be correct.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.