VANCOUVER, July 13, 2012 /CNW/ - Evolving Gold Corp. (TSX: EVG) (FSE: EV7) (OTCQX: EVOGF) (the "Company")
announces that it has granted incentive stock options to certain
directors, officers and employees to purchase up to a total of
3,175,000 common shares in the capital stock of the Company,
exercisable for five years at a price of $0.32 per share.
About Evolving Gold Corp.
Evolving Gold Corp. (the "Company") is a Canadian-based gold exploration
company engaged in the acquisition, exploration and development of
natural resource properties. The Company's focus is drill intensive
exploration of properties believed to have potential for the discovery
of bulk tonnage and/or high grade gold deposits of significant economic
interest. Our most notable projects are the advanced discovery
properties at Rattlesnake Hills, Wyoming, and in the Carlin Trend of
Nevada, where the Company is exploring a combination of privately-owned
mineral rights and unpatented mining claims that covers approximately
145 km2 on the Carlin Trend - which the Company believes is the second
largest land holding in the trend.
For more information about Evolving Gold please visit: www.evolvinggold.com
On Behalf of the Board of Directors
EVOLVING GOLD CORP.
"R. Bruce Duncan"
President, CEO and Director
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to
future events or future performance and reflect management's current
expectations and assumptions. Such forward-looking statements reflect
management's current beliefs and are based on assumptions made by and
information currently available to the Company. Investors are cautioned
that these forward looking statements are neither promises nor
guarantees, and are subject to risks and uncertainties that may cause
future results to differ materially from those expected. These
forward-looking statements are made as of the date hereof and, except
as required under applicable securities legislation, the Company does
not assume any obligation to update or revise them to reflect new
events or circumstances. All of the forward-looking statements made in
this press release are qualified by these cautionary statements and by
those made in our filings with SEDAR in Canada (available at www.sedar.com).
SOURCE Evolving Gold Corporation
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