C2C Gold Closes Acquisition of The Rock Gold Corp.

MANews-(C)2009-2022

Canada-based mineral exploration company C2C Gold Corp. (CSE: CTOC) (OTCQB: CTCGF) has acquired all of the issued and outstanding shares of Canadian gold explorer The Rock Gold Corp. in consideration for a total of 12.25m common shares of the company, the company said.

The Rock Gold is a Newfoundland-based gold exploration company that holds rights to over 40 mineral claims with projects lying along most of the major gold bearing trends.

The property package also includes five properties, two of which are drill ready, under option from Newfoundland and Labrador based prospectors.

The acquisition of The Rock complements C2C Gold's already large mineral package including C2C Gold's recent discovery of visible gold in quartz vein float at the Atlas Zone on the Millertown property in the Central Newfoundland Gold Belt.

The combination with Rock Gold provides C2C Gold with a pipeline of projects from early exploration stage through drill ready with known gold occurrences documented on most of the projects, which lie along major structures.

The company will advance projects in 2022 through reconnaissance work, soil sampling and a planned drill program on key drill-ready targets.

The common shares issued by the company are subject to a hold period of four...

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