ATW Gold Corp. Provides Update On Strategic Alternatives
January 8, 2010
ATW Gold Corp (TSX-V: ATW) (the “Company”) (“ATW”) wishes to provide an update on the strategic process currently being conducted. Further to the press release issued on November 24, 2009, the Company announces the following update on its review of strategic alternatives to enhance shareholder value. As previously announced, the company hired Haywood Securities Inc. to advise on, and facilitate, the process.
Update of Strategic Alternative Review
Haywood has completed its financial, operational and strategic review of the Company and its assets and has provided advice in connection potential transactions that may arise or result from their review. To that effect, Haywood has commenced soliciting expressions of interest from qualified parties interested in completing a transaction. To date, the Company has entered into confidentiality agreements with several parties and expects that others will be added in due course. ATW and its advisers expect to complete the first phase of the process by the end of January.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
To find out more about ATW Gold Corp. please contact investor relations at 604-662-8184 or email investor@atwgold.com. You may also visit our website at www.atwgold.com.
Interested parties are urged to contact Haywood Securities Inc. at 416-507-2300
ATW Gold Corp.
“Brent Butler”
Brent Butler
President & CEO
