Sunridge Gold Grants Options
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Pursuant to the Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) shareholder approved stock option plan, the Directors have today granted incentive stock options to directors, employees and consultants on 6,000,000 shares of the Company’s capital stock, exercisable for up to five years at a price of $0.22 per share, which is the last closing price of the Company’s shares prior to the date of grant. The options granted will vest under normal vesting terms and will be subject to any applicable regulatory hold periods.
Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal deposits on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge currently has approximately 175,162,728 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Greg Davis at the numbers listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
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.
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Sunridge Gold Corp.
Greg Davis, 604-688-1263 (direct)
VP Business Development
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