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Randsburg Announces Closing of Sale of Interest in Titan

TORONTO, ONTARIO–(Marketwired – Feb. 13, 2017) – Randsburg International Gold Corporation (NEX:RGZ.H) (“Randsburg” or the “Company”) announced today that it is it has successfully closed the sale of Randsburg’s 20% title interest in the patented claims that comprise the Titan property (“Titan”) in Ontario, Canada to Prophecy Development Corp. (“Prophecy”) on the terms described in the Company’s news release dated February 1, 2017. Under the Agreement, consideration for Randsburg is 20,000 Prophecy Common shares, which are subject to a 4-month hold period.