Toronto, Ontario– Atlanta Gold Inc. (TSXV: ATG; OTCQX: ATLDF) announcesthat following receipt of the approval of the TSX Venture Exchange, it has issued 9,006,692 common shares at a deemed price of $0.05 per share in satisfaction of accrued interest on its US$4 million principal amount senior secured notes.  Two directors of the Company received, in aggregate, 1,125,835 of the shares issued.  All of the shares are subject to a four month hold period expiring January 3, 2015.  The TSX Venture Exchange has also accepted the amendments to the senior secured notes and accompanying common share purchase warrants as described in the Company’s news release of August 26, 2014.

About the Company

Atlanta Gold Inc. holds through its 100% owned subsidiary, Atlanta Gold Corporation, leases, options or ownership interests in its Atlanta properties which comprise approximately 2,159 acres (8.74 square kilometers) located 90 air kilometers east of Boise, in Elmore County, Idaho. A long history of mining makes Atlanta very suitable for development of new mining projects.  The Company is focused on advancing its core asset, Atlanta, towards mine development and production.

For further information contact:

Atlanta Gold Inc.:
Wm. Ernest Simmons
President and CEO
Telephone: (208)-424-3343
Fax: (208) 338-6513
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Atlanta Gold Corporation
Eric J. Berentsen
Vice President
Telephone: (208) 424-3343
Fax: (208) 338-6513
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

CHF Investor Relations
Jeanny So
Director of Operations
Telephone: (416) 868-1079 ext. 225
Fax: (416) 868-6198
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

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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 RELEASE.