October 05, 2016 09:00 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 5, 2016) - Ross J. Beaty, of 1550 - 625 Howe Street, Vancouver, British Columbia, V6C 2T6, today announced pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that on October 4, 2016 he acquired ownership of 13,333,000 common shares (the "Common Shares") of Orca Gold Inc. ("Orca Gold") by way of purchases in the public market through the facilities of Pure Trading, for a purchase price of CDN$0.31 per Common Share and an aggregate purchase price of CDN$4,133,230.
Prior to the acquisition, Mr. Beaty did not own any securities of Orca Gold. The Common Shares purchased by Mr. Beaty represent approximately 12.4% of the total number of issued and outstanding common shares of Orca Gold.
Mr. Beaty's acquisition was made for investment purposes. Mr. Beaty may, in the future, acquire ownership and control over additional securities of Orca Gold for investment purposes.
Orca Gold's head office is located at 2000 - 885 West Georgia Street, Vancouver, British Columbia.
For more information, or to obtain a copyof the subject early warning report, please contact:Ross J. BeatyTelephone: (604) 684-1175Facsimile: (604) 684-01471550 - 625 Howe StreetVancouver, British ColumbiaV6C 2T6
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