Barkerville acquires additional Crown land in B.C.

Barkerville Gold Mines Ltd. {TSX.V: BGM} announced that it has entered into a Mining Claim Acquisition Agreement pursuant to which Barkerville can acquire a 100% interest in Crown Grant 35F located in the Cariboo Mining District, British Columbia, in exchange for (a) an aggregate of CDN$300,000; and (b) an aggregate of 254,237 common shares of Barkerville issuable to the vendor of the Property.

 

Barkerville Acquires Additional Crown Grant in BC

 

TORONTO, ON – November 11, 2016 – Barkerville Gold Mines Ltd. {TSX.V: BGM} is pleased to announce that it has entered into a Mining Claim Acquisition Agreement pursuant to which Barkerville can acquire a 100% interest in Crown Grant 35F located in the Cariboo Mining District, British Columbia, in exchange for (a) an aggregate of CDN$300,000; and (b) an aggregate of 254,237 common shares of Barkerville issuable to the vendor of the Property.

 

The issuance of the common shares pursuant to the Mining Claim Acquisition Agreement and the Relationship Agreement are subject to receipt of all necessary approvals, including that of the TSX Venture Exchange and will be subject to a statutory hold period of four months and one day from the date of issuance.

 

For further information on Barkerville Gold Mines Ltd., please contact:

Chris Lodder
President & Chief Executive Officer
Suite 400-365 Bay Street
Toronto, Ontario, Canada
clodder@barkervillegold.com