(TheNewswire)
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Vancouver, Canada / TheNewswire / December 6, 2018 - Radius Gold Inc.
(TSX-V: RDU) announces that in accordance with the terms of its option to acquire a 100% interest in the Amalia Gold-Silver Project
located in Chihuahua, Mexico (see Radius news release of June 22, 2017), the Company intends, subject to stock exchange approval,
to issue 74,183 common shares in its capital stock to the Project owners. The shares will be issued at a deemed price of
$0.09 per share.
Radius Gold Inc.
Radius has a portfolio of projects located primarily in the United States and Mexico which it
continues to advance, utilizing partnerships where appropriate in order to retain the Company’s strong treasury. At the same
time, management is seeking out additional investment and project acquisition opportunities across the globe.
ON BEHALF OF THE BOARD
Simon Ridgway
President and CEO
Symbol: TSXV-RDU
Contact: Simon Ridgway
200 Burrard Street, Suite 650
Vancouver, BC V6C 3L6
Tel: 604-801-5432; Toll free 1-888-627-9378; Fax: 604-662-8829
Email: info@goldgroup.com
Website: www.radiusgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain statements contained in this news release constitute forward-looking statements within the
meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are
forward-looking statements which include, without limitation, statements about the propoed issuance of shares by the Company; the
Company’s business strategy, plans and outlook; the merit of the Company’s investments and properties; timelines; the future
financial performance of the Company; expenditures; approvals and other matters. Often, but not always, these forward looking
statements can be identified by the use of words such as “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”,
“assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”,
“containing”, “remaining”, “to be”, “periodically”, or statements that events, “could” or “should” occur or be achieved and similar
expressions, including negative variations.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the Company to be materially different from any results, performance
or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, the
proposed issuance of shares by the Company; changes in general economic conditions and financial markets; the Company or any joint
venture partner not having the financial ability to meet its exploration and development goals; risks associated with the results
of exploration and development activities, estimation of mineral resources and the geology, grade and continuity of mineral
deposits; unanticipated costs and expenses; and such other risks detailed from time to time in the Company’s quarterly and
annual filings with securities regulators and available under the Company’s profile on SEDAR at www.sedar.com. Although the
Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from
those anticipated, estimated or intended.
Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and
opinions of management, including but not limited to: that the issuance of shares by the Company will be completed as planned; that
the Company’s activities will be in accordance with its public statements and stated goals; that all required approvals will be
obtained; that there will be no material adverse change affecting the Company or its investments or properties; and such other
assumptions as set out herein. Forward-looking statements are made as of the date hereof and the Company disclaims any
obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise,
except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly, investors should
not place undue reliance on forward-looking statements.
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