Banyan Gold Corp.: Banyan Gold Issues Incentive Stock Options
Banyan Gold Corp. (the "
Banyan") (
TSXV:BYN) is pleased to announce that the Board of Directors of the Company have granted 3,600,000 stock options to purchase 3,600,000 shares at an exercise price of $0.24 per share, expiring 5 years from the date of the grant. The options have a vesting period of up 18 months.
The stock options are being issued to field employees, consultants, Directors and Officers of the company. The options were granted under and are subject to the terms and conditions of the Company's stock option plan.
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Qualified Person
Paul D. Gray, P.Geo., Vice President of Exploration for the Company, is a "qualified person" as defined under NI 43-101 and has reviewed and approved the content of this news release.