|March 22, 2005|
Energold Exercises Warrants
|Energold Mining Ltd. announces that it has purchased 393,334 shares of IMPACT Minerals International Inc. on exercise of warrants acquired on April 14, 2004 by Energold. The shares represent ownership and control of 2.04% of the currently issued and outstanding common shares of IMPACT. The issuance of the shares resulted in Energold currently owning, or exercising control over 6,205,001 common shares of the Company, not including any shares issuable upon exercise of 405,000 warrants held by Energold, representing 32.21% of the issued and outstanding common shares of the Company. Energold has acquired the securities for investment purposes. |
On behalf of the Directors of Energold Mining Ltd.
"Frederick W. Davidson"
For further information, please contact:
Fred Davidson or
Darrell Rader - Corporate Development
The TSX Venture Exchange has neither approved nor disapproved this news release.
900 - 543 Granville St.
Vancouver, B.C. V6C 1X8
Telephone 604 681-9501
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