Vancouver, British Columbia – Irving Resources Inc. (formerly 1047431 B.C. Ltd.) (“Irving”) reports that it is now a reporting issuer as a result of the completion of a plan of arrangement involving Irving, Gold Canyon Resources Inc. (“Gold Canyon”) and First Mining Finance Corp. As part of the plan of arrangement, Gold Canyon transferred its early stage non‐gold exploration properties, together with $500,000 in cash and certain other assets, to Irving. For further information concerning the plan of arrangement, please refer to Gold Canyon’s information circular dated October 5, 2015 which is available under Irving’s profile on SEDAR (www.sedar.com).
Following the completion of the plan of arrangement, Irving loaned $350,000 to Gold Canyon. The loan is repayable on the earlier to occur of a transaction specified in the loan agreement, or January 31, 2016.
About Irving Resources Inc.:
Irving through a subsidiary is party to a Rare Earth Element (REE) Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC) that was originally signed in January 2009.
Irving through a subsidiary also holds a Project Venture Agreement with JOGMEC for the joint regional exploration programs in the United Republic of Tanzania.
President & Director
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Tel: (604) 682-3234 Toll free: 1 (888) 242-3234 Fax: (604) 682-0537