Bay Street News

Pitchblack Announces New Date for Upcoming Special Meeting of Shareholders and Files Technical Report on the Troilus Gold Project

TORONTO, ONTARIO–(Marketwired – Nov. 27, 2017) – Pitchblack Resources Ltd. (NEX:PIT.H) (“Pitchblack” or the “Company”) announces that in connection with its previously announced acquisition of an option to acquire the Troilus gold project (the “Troilus Project”) in Québec (the “Transaction”), the Company has rescheduled its special meeting of shareholders for December 19, 2017 to consider and approve, among other things, certain aspects of the Transaction (the “Shareholder Meeting”). The materials for the Shareholder Meeting have been mailed to shareholders and can be found under the Company’s profile at www.sedar.com.

Pitchblack also reports that it has filed a NI 43-101 compliant technical report entitled “Technical Report on the Troilus Gold-Copper Mine Mineral Resource Estimate, Quebec, Canada” (the “Technical Report”) dated November 20, 2017 prepared by Roscoe Postle Associates Inc. concerning the Troilus Project. The Technical Report can be found under the Company’s profile at www.sedar.com. Pitchblack will not acquire an interest in the Troilus Project until it receives all required shareholder and regulatory approvals for the Transaction.

About Pitchblack Resources Ltd.

Pitchblack has uranium and gold assets in the Yukon Territory, Canada. The Company is currently reviewing the potential of these properties.

Cautionary statement regarding forward-looking information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the Company’s plans for developing its properties, the Shareholder Meeting, the Troilus Project, the ability to complete the Transaction and the receipt of any required third party and regulatory approvals and other transaction statements. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: transaction risks; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER THE 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.

G. Scott Moore
President and Chief Executive Officer
E-mail: smoore@forbesmanhattan.com
416-861-5903