Mr. Richard Groome reports
CHIMATA COMPLETES SALE OF 2,000,000 EMGOLD SHARES
Chimata Gold Corp. has completed the sale of two million common shares of Emgold Mining
Corp. for total proceeds of $100,205.
Following completion of the transaction, Chimata now owns four million common shares of Emgold,
which represents an approximately 11.30-per-cent interest in Emgold.
The proceeds received by the company from the transaction will be used for general working capital
purposes as the company is currently preparing for the completion of the second and final phase of
its contemplated reverse takeover transaction with Zimbabwe Lithium Company (Mauritius) Ltd. (ZLM) regarding the exploitation of development rights for the Kamativi
lithium tailings deposit at the Kamativi tin mine, Matabeleland North province, Zimbabwe.
This news release is being issued in pursuant to National Instrument 62-103, The Early Warning
System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be
filed with the regulatory authorities in each jurisdiction in which Emgold is a reporting issuer
containing information with respect to the foregoing matters. A copy of
the early warning report will be filed on the Emgold's profile on SEDAR and may also be obtained
by contacting the company at 604-674-3145.
We seek Safe Harbor.
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