Intigold Mines Ltd. - Corporate Update (October 2015)
Vancouver, BC / TheNewswire / November 2, 2015 Intigold Mines Ltd. (IGD - TSX-V) announces the following update with respect to the corporate affairs of the Company.
OTCQB LISTING
The Company has jointly listed on to the OTCQB Marketplace (the "OTCQB") on October 22, 2015. The symbol "IDMNF" remains the same. The OTCQB is for entrepreneurial and development stage U.S. and international companies. Companies must be current in their reporting and undergo an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
MINERAL PROPERTIES
Scandie Property, British Columbia
The Company owns a 100% interest in the Scandie Property located in the Beaverdell area of the Greenwood Mining Division, British Columbia. The Scandie Property is a poly-metallic property and the target minerals are lead, zinc, copper and silver with +/- gold. The Scandie Property is in good standing until July 15th, 2017. No further expenditures are required to maintain this property at this time.
Donnamore Property, British Columbia, Canada
The Company owns a 100% interest in certain mining claims located in the Adams Lake area of the Kamloops Mining Division, British Columbia. The Donnamore Property is a VMS (Volcanic Massive Sulphide) property with lead, zinc, copper and silver with +/- gold. The Donnamore Property is in good standing until August 15th, 2022, and no further work is required to maintain this property at this time.
FINANCING
On July 22, 2015, the Company announced a non-brokered private placement (the "Private Placement") of 1,500,000 units at a price of $0.20 per unit for gross proceeds of $300,000. Each unit would have consisted of one common share and one common share purchase warrant with each warrant entitling the holder to purchase one additional common share at a price of $0.25 per share for a period of two years from closing. On September 25, 2015, the Company announced that the Private Placement had been repriced and would consist of 2,000,000 units at a price of $0.15 per unit raising gross proceeds of $300,000. Each unit will consist of one common share and one common share purchase warrant with each Warrant entitling the holder to purchase one additional common share at a price of $0.20 per share for a period of 24 months from closing. The Private Placement is subject to regulatory approval.
TTAGIT SOCIAL NETWORKS INC.
TTAGIT is a commenting platform which allows you to talk over top of any web page or URL without any permission and it also leaves the comments at the source where they belong. TTAGIT allows users to "Put Their Mark on Anything."
TTAGIT is creating and developing customized applications which will run off of the TTAGIT platform technology (the back end), which will showcase the TTAGIT technology and also enhance any business on the internet.
During 2015, TTAGIT continued with its development plan which has been designed to enhance, advance and monetize the TTAGIT technology as detailed below:
March 2015 TTAGIT completes industry first third-party development of an Apple IOS8 action extension (which is built with Apple's new Swift language.
April 2015 First version of TTAGIT mobile released in Apple Store
TTAGIT pulls out of Beta with the Twitter powered extension
TTAGIT extension allows users to tweet and interact with live Twitter feeds over the top of any web page with its mobile and desktop versions.
May 2015 TTAGIT integrates Facebook's insights and commenting to its sharing platform for desktop.
June 2015 TTAGIT building its first application ("Phatpen") using its technology as a backend.
July 2015 TTAGIT launches new website
October 2015 TTAGIT completes embeddable version.
TTAGIT is in the process of rebranding with a new look and logo.
" Management of the Company greatly appreciates the shareholder support over the last several years. It is with such a strong shareholder base and loyalty of our shareholders that the company continues to finance and move forward in all directions" stated Ms McClenahan, President and CEO of Intigold.
For information on Intigold and its projects, please visit us at www.intigold.com or call 604-669-4677 or toll free at 1-888-895-5522.
INTIGOLD MINES LTD.
(signed "Lori McClenahan")
Lori McClenahan,
President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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