Vancouver, BC - Rapier Gold Inc. (TSX-V: RPR) ("Rapier" or the "Company")
announces that it has entered into a debt settlement agreement with a creditor of the Company to settle $100,000 in debt through the issuance of 2,000,000 shares. This transaction has received regulatory approval. The debt settlement shares are subject to a four month hold period expiring May 26, 2018 and are issued at a price of $0.05 per share.
ON BEHALF OF THE BOARD OF DIRECTORS
David Lotan, Interim CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.