Chibougamau Independent Mines Option of West Block Property to TomaGold Corporation

ROUYN-NORANDA, Québec, Aug. 15, 2023 (GLOBE NEWSWIRE) — At the request of the TSX Venture Exchange, Chibougamau Independent Mines Inc. (Chibougamau”) (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US) wishes to clarify that it may be necessary for Chibougamau to apply to the Exchange for approval of the previously-announced Mining Option Agreement with TomaGold Corporation (“TomaGold”) (TSXV: LOT) (OTCQB:TOGOF), pursuant to which TomaGold may acquire a 100% interest in the West Block, comprised of 99 claims in Barlow and McKenzie Townships, Québec.

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