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Big Ridge Gold Corp : Big Ridge Gold Receives First Payment from Clarity Gold

Big Ridge Gold Corp.: Big Ridge Gold Receives First Payment from Clarity Gold Toronto, Ontario (Newsfile Corp. - January 27, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ( Big Ridge or the Company ) announced that it has received the first option payment from Clarity Gold Corp. (CSE: CLAR) in accordance with the November 27, 2020 option agreement for the sale of its Destiny gold property, located in Despinassy Township, 75 kilometers northeast of Val d Or Quebec. Big Ridge received a cash payment of $450,000 and 685,391 common shares of Clarity at a deemed price of $1.46 per share for an aggregate value of $1,000,000. The common shares of Clarity are subject to a hold period of four months.

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