Alma Gold Inc. Enters West Africa with the Acquisition of Karita Gold Corp.
Alma Gold or the
Corporation ), a spin-out company from Red Lake Gold Inc. (CSE:RGLD), is pleased to announce that the Corporation has entered into a binding share purchase agreement with arm s-length parties to acquire all of the issued and outstanding shares of Karita Gold Corp., a privately-held exploration company based in Bedford, Nova Scotia which is focused on gold exploration in West Africa. The acquisition of Karita Gold Corp. is a remarkable compliment to our work on this side of the Atlantic. Alma Gold is excited to advance further exploration at our flagship Clarence Stream North Gold Project in New Brunswick where soil sampling last year defined compelling gold exploration targets adjacent to Galway Metal s Clarence Stream Gold Project. Given exploration seasonality in Canada, Alma Gold made the decision to compliment our existing assets with a second jurisdiction that would, when combined