Canada NewsWire
VANCOUVER, June 1, 2017
VANCOUVER, June 1, 2017 /CNW/ - Rye Patch Gold Corp. (TSX.V:
RPM; OTCQX: RPMGF; FWB: 5TN) (the "Company" or "Rye Patch") is pleased to announce completion of the sale to Coeur
Rochester, Inc. of the Company's 3.4% net smelter return royalty (the "Royalty") for total consideration of US$5,000,000 in cash.
In connection with the sale of the Royalty, the Company also received a final Royalty payment in the amount of US$313,701.86, representing the final Royalty amounts accruing up to the closing date.
About Rye Patch Gold Corp.
Rye Patch Gold Corp. is a Nevada based, Tier 1, mining company engaged in the mining and
development of quality resource-based gold and silver mines and projects along the established Oreana trend in west central
Nevada. Leveraging its strong financial position and cash to acquire the operating Florida
Canyon Gold Mine, Rye Patch Gold Corp. now controls a trend-scale platform with operations, replacement assets and exploration
upside. The combination of operations and exploration concentrated along a major Nevada gold
trend positions Rye Patch as an emerging mid-tier gold producer with tremendous value added potential. For more information,
please visit our website at www.ryepatchgold.com.
On Behalf of the Board of Directors
'William Howald'
William C. (Bill) Howald, CEO & President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Rye Patch Gold
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