PC Gold Inc.

PC Gold Inc.

July 09, 2015 12:12 ET

PC Gold Announces Maturity Extension on Secured Debt

TORONTO, ONTARIO--(Marketwired - July 9, 2015) - PC Gold (TSX VENTURE:PKL) ("PC Gold" or the "Company") is pleased to announce that it has negotiated the extension of the maturity date for its $600,000 principal amount of senior secured debentures due to mature on July 8, 2015. The holders of the debentures have agreed to extend the maturity date of the debentures on a month to month basis.

About PC Gold

PC Gold Inc. is a Canadian gold exploration company currently focused on its 100% owned former producing Pickle Crow gold mine located in Northwestern Ontario. The Company is currently assessing an exploration program to further define the 22 / 23 vein structures on the Pickle Crow project from surface to 300m depth. Should future results and relevant economic analysis support such a course of action, the Company's objective is to commission the onsite 225 tpd mill to mine the No. 22 / 23 veins by ramp.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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