TORONTO, Jan. 23, 2014 /CNW/ - Roxgold Inc. ("Roxgold" or "the Company")
(TSXV: ROG) is pleased to announce that it has granted employees
incentive stock options to purchase up to an aggregate of 2,645,000
common shares, of which 325,000 are exercisable on or before January 3,
2019 at a strike price of $0.49 per share while 2,320,000 options are
exercisable on or before January 23, 2019 at a strike price of $0.55.
The latter represents the 2014 annual grant.
Roxgold is a gold exploration and development company with its key
asset, the high grade, 100% owned Yaramoko exploration permit located
in the mineral-rich Houndé greenstone region of Burkina Faso, West
Africa. The Company announced a Preliminary Economic Assessment in
September 2013 which demonstrated attractive potential economics and is
currently completing a Feasibility Study which is expected to be
completed in the second quarter of 2014. Roxgold trades on the TSX
Venture Exchange under the symbol ROG.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release."
SOURCE: Roxgold Inc.
For further information:
Manager, Investor Relations and Corporate Communications