Legend Gold Corp.

Legend Gold Corp.

September 04, 2013 16:05 ET

Legend Gold Completes Share Consolidation

TORONTO, ONTARIO--(Marketwired - Sept. 4, 2013) -


Legend Gold Corp. (TSX VENTURE:LGN) (the "Company" or "Legend Gold") is pleased to announce that it has completed the consolidation of its issued and outstanding common shares (the "Common Shares"), as previously announced in the Company's news release dated June 24, 2013 (the "Consolidation"). Effective today, the Company's Common Shares have been consolidated on a basis of six pre-Consolidation shares for each one post-Consolidation share. The Company now has a total of 13,405,221 Common Shares outstanding.

Douglas Perkins, President and Chief Executive Officer of Legend Gold, stated, "We believe that the share consolidation will provide the Company with greater flexibility in pursuing its plans to advance its projects and to conclude any additional financings required by the Company in the future."

The Consolidation was approved by the Company's shareholders at its annual and special shareholders meeting held on June 20, 2013 and has been conditionally accepted by the TSX Venture Exchange.

The Company has not changed its name or its trading symbol as part of the Consolidation.

About Legend Gold

Legend Gold is a mineral exploration and development company focused on exploring for gold in the Republic Of Mali, West Africa. Legend Gold's five main projects are the Lakanfla, Mougnina, Tiekoumala, Kata, and Mogoyafara projects. In recent years, Legend Gold has made significant gold discoveries on the Tiekoumala project located in Southern Mali, and the Lakanfla project located in Western Mali. Please visit Legend Gold's website www.legendgold.com to view project details.

This press release has been prepared by Legend Gold Corp. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements that are based Legend Gold Corp.'s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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