Precious Metals

Couloir Capital Ltd. is pleased to announce initiation of research coverage on Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF). The report is titled, "Gold Explorer Ties Up with Agnico Eagle Mines to Explore Large Gold Property with District-Scale Potential."

About Maple Gold Mines Ltd.

Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) ("MGM", or "Company") is a junior mining company with a focus on precious metals, specifically gold. The Company owns a large-scale property package comprising two gold-prospective projects located in Quebec, Canada. The company has a Joint Venture agreement in place with major gold miner Agnico Eagle Mines Limited (TSX: AEM). The JV agreement is structured to provide AEM ownership interest in return for shouldering $18 million in exploration and development costs over four years, giving MGM the potential to realize significant asset valuation growth at low near-term cost. In addition, AEM is contributing its past-producing, high-grade Joutel Gold Project to the JV which adjoins MGM's Douay Gold Project.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment fund, the West Cirque Fund Limited Partnership.

For further information, please contact:

Robert Stitt, Managing Director, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
www.couloircapital.com

Analyst Disclosure: The analyst and / or affiliated companies do not hold shares in the company.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80154

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