StrikePoint Gold Inc.

StrikePoint Gold Inc.

March 20, 2014 09:00 ET

StrikePoint Options Angelina Project to JOVG

CALGARY, ALBERTA--(Marketwired - March 20, 2014) - Shawn Khunkhun, CEO of StrikePoint Gold Inc. ("StrikePoint" or the "Company") (TSX VENTURE:SKP) is pleased to announce they have entered in to a definitive option agreement ("Option Agreement") on the Angelina Gold Project with JOVG Global Mineral Enterprises ("JOVG"), a private company based in Winnipeg, Manitoba.

Pursuant to the terms of the Option Agreement, JOVG has the option to earn a 50% undivided interest in the Angelina property comprised of approximately 2,337 hectares situated in Southeast Manitoba (the "Property"). The Option Agreement provides that JOVG shall conduct a total minimum of $150,000 in exploration work on the Property before February 15th, 2015; $150,000 by February 15th, 2016 and $250,000 by each of February 15th, 2017 and 2018.

Mr. Khunkhun stated, "We are pleased to put Angelina back in to play with this Option Agreement. The Rice Lake Greenstone Belt has a good history of discovery given the success of San Gold Corporation at Bissett and we believe that this agreement will put some solid exploration work in to the Project."

Neither 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.

This news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Such forward-looking statements are subject to important risks, uncertainties and assumptions. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of StrikePoint. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and StrikePoint does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.

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