Astorius Receives Approval for the Taca Taca West Property in Salta, Argentina and Clarifies Prior News Release

Astorius Resources Ltd. (TSXV:ASQ, Frankfurt:47AF) (“Astorius” or the “Company”) is pleased to announce that on November 24, 2017, the Company received TSX Venture Exchange Approval to acquire 100% of 2 mineral concession in the Taca Taca District, in Salta, Argentina. The Taca Taca District named after the Sierra de Taca Taca is
located in the western Puna of Salta, close to the Chilean border. The range comprises uplifted Ordovician granite cut through by younger dyke systems and overlain by posterior volcanic units.
Astorius can earn 100% ownership in the mineral claims in the Taca Taca District by paying $50,000 USD upon the signing of the agreement, paying $100,000 USD and issuing 4,500,000 common shares upon TSX Venture Exchange Approval, incurring $275,000 USD in exploration expenditures on an in-depth exploration EIA approval, and paying $300,000 USD upon acceptance of a NI 43-101 Report by the TSX Venture Exchange or within 18 months. This transaction is subject to TSX Venture Exchange Approval.
Allshares issued in this acquisition are subject to a statutory hold period of four months plus a day from the respective date of issuance, in accordance with applicable securities legislation.
The Company would also like to clarify their news release dated November 28, 2017 titled “Astorius Renegotiates Condor Option Term and Commits to 1st Q Work Program in Ecuador”. The technical information within the release was not reviewed by Clinton Smyth, P.Geo., and the Company’s qualified person as defined in NI 43-101.
On Behalf of the Board
Sandy MacDougall
Chairman and Director
www.astoriusresources.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements,” Statements in this press release which are not purely
historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or
intentions regarding the future, including but not limited to, statements regarding the exploration results on the Osos 1 mining concession.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such
factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties
associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
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Source: www.stockwatch.com