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Idaho Champion Gold Mines Canada Inc : Idaho Champion Announces Non-Brokered Private Placement up to $1 5 million

(0) NOT FOR DISTRIBUTION TO DISSEMINATION IN THE UNITED STATES TORONTO, ON / ACCESSWIRE / May 25, 2021 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO)(OTCQB:GLDRF)(FSE:1QB1)( Idaho Champion or the Company ), is pleased to announce a non-brokered private placement of up to 10,000,000 units at a price of $0.15 per unit for gross proceeds of up to $1,500,000 (the Financing ). Each unit will consist of one (1) common share and one (1) non-transferable purchase warrant (a Warrant ). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.25 for a period of 48 months from the date of issue and will be subject to an acceleration clause whereby the Company may force exercise of the warrant any time before the end of the 48-month period if the Idaho Champion share price trades over $0.40 per share for 20 consecutive days.

Idaho Champion Announces Non-Brokered Private Placement up to $1 5 million

Idaho Champion Announces Non-Brokered Private Placement up to $1 5 million
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Idaho Champion Announces Non-Brokered Private Placement up to $1 5 million

Idaho Champion Announces Non-Brokered Private Placement up to $1 5 million
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Idaho Champion Gold Mines Canada Inc : Idaho Champion Gold Commences 2021 Field Program at Champagne Gold Project

Idaho Champion Gold Mines Canada Inc.: Idaho Champion Gold Commences 2021 Field Program at Champagne Gold Project Idaho Field Program ) has commenced at the 100% controlled Champagne Gold Project ( Champagne ) near the city of Arco, Butte County, Idaho. This year s program will push geological mapping, sampling, and geophysics farther north across the full extent of the +27 km 2 land position. Geologists will also begin the preparations for the exploration drilling program planned for third quarter 2021. 2021 Field Program Highlights The geology staff and technical advisors completed a thorough field-based technical review of the 2020 results and plans for the 2021 drill campaign. Sited drill pad locations on IP lines 4 and 5 to test the NW anomaly. Access roads and drill pads will be constructed when final approval is received from the Bureau of Land Management. Core drilling is slated to start in July 2021.

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