Replies to post #274 on Clifton Mining Company (CFTN)

[ALERTS100%to10000%GAIN]

NOTE 15 - SUBSEQUENT EVENTS
The Company has evaluated subsequent events through April 8, 2019, the date on which the financial
statements were available to be issued and there are two subsequent events to report. On February 7, 2019,
the Company entered into a second amended and restated agreement with Desert Hawk Gold Corp.
(“Amended Agreement”). This Amended Agreement includes several changes with the most significant
being that Desert Hawk purchase from Clifton its five percent (5%) net smelter return royalty for $3 million
in cash and 5.5 million shares of Desert Hawk Gold Corp. stock. The current estimated value of the Desert
Hawk stock is $0.40 per share, making the estimated value of the exchange $5.2 million. The Amended
Agreement also includes the release of additional properties back to the Company. The Amended Agreement
closed on March 7, 2019, with final documents received March 11, 2019.
On March 15, 2019, the Company received a distribution from American Silver, LLC in the amount of
$259,250