Viva Gold Amends Financing Terms

VANCOUVER, BC / ACCESSWIRE / June 11, 2021 / Viva Gold Corp.

On May 18, 2021, the Company received a Notice of Requisition of Meeting, compelling the Company to call a special general meeting to transact the shareholder business stated in the Requisition.

The Voting Restriction will be in effect from the closing of the Offering until the earlier of two clear business days after the completion of the Special Meeting and September 22, 2021.

James Hesketh, Viva’s President and CEO stated, “We are pleased that Research Capital and the TSXV were willing to work with us to achieve this creative win-win approach for our shareholders.

Viva holds 100% of the advanced Tonopah Gold Project, a large land position of approximately 8,800 acres with demonstrated high-grade measured, indicated and inferred gold resources, located on the prolific Walker Lane gold trend in Nevada, about 30 kilometers south-east of the Round Mountain mine of Kinross Gold and 20 kilometers north from the Town of Tonopah.

These uncertainties and risks include, but are not limited to, future events, including dissident shareholder actions that may require the Company to change the date, time or other arrangements for the Special Meeting, subscribers to the Offering refusing to accept the Voting Restriction, the strength of the global economy; the price of gold; operational, funding and liquidity risks; the potential for achieving targeted drill results, the degree to which mineral resource estimates are reflective of actual mineral resources; the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with drilling and mining operations; and the ability of Viva to fund its capital requirements.

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