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True Gold Mining Inc
Symbol TGM
Shares Issued 264,642,334
Close 2013-12-18 C$ 0.385
Market Cap C$ 101,887,299
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True Gold gains Karma permit approval from Burkina Faso

2013-12-19 07:03 ET - News Release

Mr. Dwayne Melrose reports

TRUE GOLD MINING INC.: BURKINA FASO COUNCIL OF MINISTERS APPROVES ISSUANCE OF KARMA MINING PERMIT

The Burkina Faso Council of Ministers has approved the issuance of the Karma exploitation permit to Riverstone Karma SA, True Gold Mining Inc.'s subsidiary in Burkina Faso.

The Burkina Faso Council of Ministers provided the approval during a meeting on Dec. 18, 2013. The permit awaits final signature by the President of Burkina Faso. The exploitation permit is equivalent to a final mining permit, and will allow True Gold to develop the Karma mine.

"This approval follows our recent feasibility study announcement, and is another key milestone for the Karma project," said Dwayne Melrose, president and chief executive officer, True Gold.

We seek Safe Harbor.

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