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19:58:16 EDT Thu 31 Oct 2024
Enter Symbol
or Name
USA
CA



International Iconic Gold Exploration Corp
Symbol ICON
Shares Issued 101,325,432
Close 2023-07-17 C$ 0.015
Market Cap C$ 1,519,881
Recent Sedar Documents

Int'l Iconic closes asset sale to Bateria for shares

2023-07-17 17:28 ET - News Release

Subject: Press Release/News Attached for Distribution on Stockwatch.com Word Document File: '\\swfile\EmailIn\20230717 140951 Attachment 20230717 ICON - NR - Las Aguilas Close.docx' TSX-V: ICON 1391-7173-2739, v. 1 TSX-V: ICON Iconic Gold Completes Sale of Non-Core Assets July 17, 2023, Vancouver, BC - International Iconic Gold Exploration Corporation ("Iconic Gold" or the "Company") (TSXV: ICON) is pleased to announce that further to its news release dated June 23, 2023, it has completed the sale (the "Transaction") of multiple of its non-core assets being Las Aguilas I, Las Aguilas II, Marco Antonio, Virorco, and Carachi Pamoa IV (the "Concessions") to a private corporation, Bateria Metals Corp ("Bateria") in exchange for securities of Bateria. "This sale marks another significant milestone for the Company as we continue to strategically focus our efforts on our core gold properties," stated Iconic Gold CEO, Robert Abenante. "This divestment is the final step in selling the non-core assets in our portfolio. Iconic Gold remains committed to delivering value to our shareholders by focusing our resources on our flagship Gold assets". Pursuant to the terms of the Agreement, the Company has sold to Bateria its 95% interest in Autumn Resources S.A. ("Autumn"), which holds legal and beneficial title to or an option to acquire legal and beneficial title to all the Concessions, in exchange for 2,000,000 common shares in the capital of Bateria at a deemed price of $3.00 per share for a deemed transaction value of $6,000,000. The Transaction is an arm's length transaction and is another step for the Company continuing on its path forward with a specific focus on its core gold assets. ON BEHALF OF INTERNATIONAL ICONIC GOLD EXPLORATION CORP. "Rob Abenante" Robert Abenante, President & CEO Contact Information: Email: info@iconicgold.com Website: www.iconicgold.com For further information regarding International Iconic Gold Exploration Corp., please refer to the Company's filings available on SEDAR (http://www.sedar.com) or at ICON's Website. Disclaimer for Forward-Looking Information This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements with respect to the Transaction; the Company's objectives, goals or future plans; and the completion of the Transaction. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. 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.

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