VANCOUVER, July 20, 2012 /CNW/ - Rackla Metals Inc. (TSX-V: RAK) announces that it has granted incentive stock options to its directors, officers and employees to purchase up to a total of 1,320,000 shares exercisable for ten years at a price of $0.15 per share.
Rackla Metals controls a portfolio of promising gold projects across Yukon Territory, including two extensive claim blocks in the Rackla belt - an emerging trend of Carlin type gold systems in east-central Yukon - and the Sixty Mile project near Dawson City. The Company anticipates drilling on three of its projects during 2012.
ON BEHALF OF THE BOARD
President and CEO
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Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of the Company. Actual results may differ materially from those currently anticipated in such statement.