Riley Gold Receives TSX-V Approval to Extend Warrant Expiry Term

VANCOUVER, British Columbia, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) announces that the TSX Venture Exchange (“TSX-V”) has granted its acceptance to extend the term of 7,500,562 outstanding common share purchase warrants, exercisable at $0.40 per common share (the “Warrants”) which were issued in connection with a non-brokered private placement that closed on October 15th, 2020. The original expiry date of the Warrants was October 15th, 2022, and they have now been extended by a further twelve months, to expire October 15, 2023. The Warrants remain subject to the acceleration clause as outlined in the Company’s news release of October 4, 2022.

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