VANCOUVER, Dec. 13, 2012 /CNW/ - Radius Gold Inc. (TSX-V: RDU) announces
that it has granted to its directors, employees and consultants
incentive stock options to purchase up to an aggregate of 2,205,000
common shares of the Company exercisable for ten years at a price of
$0.20 per share. The Company has also cancelled a total of 805,000
outstanding employee stock options.
Radius has been exploring for gold in Latin America for over a decade.
More recently the Company has focused on selling non-core assets,
thereby raising the capital needed to succeed in making a discovery
with potential to give investors the return desired from a mineral
ON BEHALF OF THE BOARD
President and CEO
Investor relations: Jaclyn Ruptash
Symbol: TSXV-RDU; OTCBB-RDUFF
Shares Issued: 86.6-million
Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or
accuracy of this release.
Some of the statements in this news release contain forward-looking
information that involves inherent risk and uncertainty affecting the
business of Radius Gold Inc. Actual results may differ materially from
those currently anticipated in such statement.
SOURCE: Radius Gold Inc.
For further information:
Please call toll free 1-888-627-9378 or visit our web site (www.radiusgold.com) for more information.