Allegiant Gold Announces a C$4.0 Million Strategic Investment by Kinross Gold Corporation for Exploration at the Eastside Property

RENO, Nev., March 14, 2022 (GLOBE NEWSWIRE) -- Allegiant Gold Ltd. (“Allegiant” or the “Company”) (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to announce a C$4,014,404 financing and strategic investment by Kinross Gold Corporation (“Kinross”) (NYSE: KGC, TSX: K) which will accelerate the exploration and development activities at the Eastside property in Nevada. On closing Kinross will own 9.9% of the then issued shares of Allegiant.

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