Sunridge Gold Grants Stock Options
29 Septiembre 2011 - 4:00PM
Marketwired
Pursuant to the Sunridge Gold Corp. (TSX VENTURE: SGC)(OTCQX:
SGCNF) shareholder approved stock option plan, the Directors have
today granted incentive stock options to directors, employees and
consultants on 4,200,000 shares of the Company's capital stock,
exercisable for up to five years at a price of $0.55 per share,
which is a premium to 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.
About Sunridge
Sunridge is a mineral exploration and development company
focused on the acquisition, exploration, discovery and development
of base and precious metal projects on the Asmara Project in
Eritrea and exploration properties in Madagascar. Sunridge
currently has approximately 117 million shares outstanding and
trades on the TSX Venture Exchange under the symbol SGC and OTCQX
under the symbol SGCNF. 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.
Contacts: Sunridge Gold Corp. Greg Davis VP Business Development
604-688-1263 (direct) greg@sunridgegold.com
www.sunridgegold.com
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