Angus Gold Completes 100% Earn-in of the Mishi property from IAMGOLD, Golden Sky project, Wawa

TORONTO, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce it has completed all the earn-in obligations and exercised its option to acquire 100% interest in the Mishi Property (the “Mishi Option Agreement”) from IAMGOLD Corporation (“IAMGOLD”) (TSX: IMG), part of the Golden Sky Project (see February 5, 2020 news release). Under the amended terms of the Mishi Option Agreement dated January 24, 2023, Angus shall issue 700,000 shares to IAMGOLD, subject to the receipt of all regulatory approvals including the approval of the TSX Venture Exchange. The common shares issued have a statutory hold period of four months and one day from the date of issuance.

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