VANCOUVER, BC – February 15, 2017 – Goldsource Mines Inc. (“Goldsource” or the “Company”) is pleased to announce that it has fully repaid all amounts owing under a U.S.$1.3 million loan from Mitan Holdings Ltd. (see December 14, 2016 news release) from the proceeds of its recently completed Cdn.$4.46 million private placement and general working capital. As a result, the Company now has no debt other than usual trade payables. The Company’s pledge of the shares of its wholly-owned subsidiary, Eagle Mountain Gold Corp., as security for the loan has also been discharged.
ABOUT GOLDSOURCE MINES INC.
Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company that is currently in the Proof of Concept Phase at it 100%-owned Eagle Mountain Gold Project, located in Guyana. Goldsource is led by an experienced management team, proven in making exploration discoveries and in project construction.
| Ioannis (Yannis) Tsitos President & Director Goldsource Mines Inc. |
For Further Information: Goldsource Mines Inc. Contact: Ioannis (Yannis) Tsitos, President Fred Cooper, Investor Relations Telephone: +1 (604) 694-1760 Fax: +1 (604) 694-1761 Toll Free: 1-866-691-1760 (Canada & USA) Email: info@goldsourcemines.com Website: www.goldsourcemines.com 570 Granville Street, Suite 501 Vancouver, British Columbia V6C 3P1 |
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Mako Mining Corp.
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