Mr. Tajinder Johal of Grand Peak Capital
reports
Grand Peak Capital Corp. owns, directly or indirectly, 5,139,000 common shares of Desert Gold Ventures Inc., representing approximately 13.42 per cent of Desert Gold's non-diluted, issued and outstanding common shares. The company also owns, directly or indirectly, one million share purchase warrants of Desert Gold. Should the company exercise its warrants at this time, the company would then hold approximately 16 per cent of the issued and outstanding shares at of this date.
Grand Peak acquired the securities described in this press release for investment purposes and, in accordance with applicable securities laws, Grand Peak may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments of Desert Gold in the open market or otherwise; reserves the right to dispose of any or all of its securities in the open market or otherwise at any time and from time to time; and to engage in similar transactions with respect to the securities, the whole depending on market conditions, the business and prospects of Desert Gold, and other relevant factors.
We seek Safe Harbor.
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