St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has received final acceptance from the TSX Venture Exchange (the “TSXV”) in respect of the option and joint venture agreement entered into by the Company with Florin Resources Inc. dated April 1, 2021, as amended (the “Option Agreement”). Pursuant to the Option Agreement the Company can acquire up to an 85% interest in the Florin Gold Project, as previously announced by the Company on April 6, 2021 and June 7, 2021. For purposes of the Option Agreement, the Effective Date, being a reference date for certain payment and expenditure obligations, is July 5, 2021. The Company intends to use the net proceeds from the recently completed private placement financing to fund the initial cash payment and first year exploration expenditures required under the Option Agreement. The Option Agreement and a copy of the amendments are available for viewing on the Company’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com.

For Full Release: https://www.globenewswire.com/news-release/2021/07/05/2257757/0/en/ST-JAMES-GOLD-CORP-RECEIVES-TSXV-FINAL-ACCEPTANCE-FOR-FLORIN-GOLD-PROJECT-OPTION-AGREEMENT.html

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St. James Gold Corp. (TSXV: LORD) Update on 2021 Drilling Campaign at the Florin Project, Yukon Territory, Canada

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