February 17, 2016 / New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) announces that further to Company’s press release of February 3, 2016, regarding the acquisition of the remaining assets held by the receiver of Century Mining Corp, that the hearing was held February 10, 2016 and the Quebec Superior Court has since granted the order approving the amendments to the acquisition agreement entered into with the Receiver of the assets of Century Mining Corp.
The granting of this order is the final leg in respect to allowing the Company and the receiver of Century Mining Corp. to facilitate the completion of the acquisition process.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt and is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further information and technical data on the Company and its Ladner Gold Project, please visit the Company’s website at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Robert L. Thast"
President & Chief Executive Officer
Web site: www.newcarolingold.com
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We seek Safe Harbor.
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.
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