Angus Gold announces grant of stock options and RSUs

0

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here.


TORONTO, Aug.27, 2021 (GLOBE NEWSWIRE) – Or Angus inc. (TSX-V: GUS | OTC: ANGVF) (“Angus“or the”Society”) announces that it has granted options to acquire a total of 985,000 common shares of the Company to officers, directors, employees and consultants, in accordance with the Company’s stock option plan, at a price of exercise of $ 0.90 per share for a period of five years, subject to vesting conditions.

In addition, the Company has granted 310,000 restricted stock units (“RSUs”) to officers, directors, employees and consultants of the Company under the terms of the Company’s restricted stock unit plan (the “RSU Plan”). ») And which have a duration of three vesting periods of one year.

About Angus Gold:Angus Gold Inc. is a Canadian mineral exploration company focused on the acquisition, exploration and development of very promising gold properties. The company’s flagship project is the Golden Sky Project in Wawa, Ontario.

Insiders currently own approximately 49% of the Company and New Gold Inc. (TSX: NGD) approximately 9.9%, each based on the number of issued and outstanding common shares.

On behalf of Angus Gold Inc.,

Steve BurletonChief Executive Officer and Director

REQUESTS: Email: [email protected]Company Website: www.angusgold.com

TSX Venture Exchange: GUS | USOTC: ANGVF

Forward-looking statements

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. This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including terms indicating that the Company or management expects a condition or reported result to occur. Forward-looking statements may be identified by words such as “believes”, “anticipates”, “expects”, “believes”, “may”, “could”, “would”, “will” or “will”. Because forward-looking statements are based on assumptions and deal with future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. The risks, uncertainties and other factors involved in forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information contained in this press release includes, without limitation, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, mineral resource estimate, mine exploration and development plans, timing of commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from this forward-looking information include, but are not limited to: the ability to anticipate and counter the effects of the COVID-19 pandemic on the Company’s business, including including, but not limited to, the effects of COVID-19-19 on capital markets, supply chain disruptions of commodity prices, restrictions on labor force and presence in the place of work and local and international travel, inability to obtain required approvals in relation to transactions contemplated by the Agreement, inability to identify mineral resources, inability to convert mineral resource estimates to reserves , the inability to complete a feasibility study that recommends a production decision, the preliminary nature of the metallurgical test results, delays in obtaining or failure to obtain the government, environmental or other approvals, political risks, the inability to fulfill the obligation to welcome First Nations and other Indigenous peoples, the vagaries of the availability and cost of necessary funding in the future, variations equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in project development, estimated investment and operating costs varying widely and other risks involved in the mineral exploration and development industry, and the risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in the preparation of forward-looking information in this press release are reasonable, one should not place undue reliance on such information, which only applies as of the date of this press release. press release, and no guarantees can be made as such events will occur within the timeframe disclosed or will not occur at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Main logo

Source: Angus Gold Inc.


Source link

Share.

Leave A Reply