Evolving Gold Closes Auction Process for Rattlesnake Hills Gold Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 15, 2015) - Evolving Gold Corp. (CSE:EVG)(FRANKFURT:EV7)(OTCQB:EVOGF) (the "Company") announces that the auction process for the Company's 100%-owned Rattlesnake Hills Gold Project in Wyoming, announced on March 16th, 2015, will now close 5:00 pm EST, Friday, April 17th, 2015. The Company and its management felt that the auction process would be the most transparent means by which to assess third party interest in the Company's Rattlesnake Hills Property. To that end, it has been a great success. The Company has received a number of qualified expressions of interest from mining companies with strong balance sheets, with some already engaged in due diligence reviews.
R. Bruce Duncan, the Company's CEO, states, "We are gratified by the strong expressions of interest, from multiple enterprises. Evolving Gold's decision to open an auction process for the Rattlesnake Hills Gold Project has created an opportunity for the Company to obtain the best possible valuation of Rattlesnake Hills, for the ultimate benefit of our shareholders."
For more information about Evolving Gold please visit: www.evolvinggold.com.
On Behalf of the Board of Directors
EVOLVING GOLD CORP.
R. Bruce Duncan
President, CEO and Director
Neither Canada Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canada Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).
Contact
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Tel: 604.685.6375
TF: 866.604.3864
info@evolvinggold.com