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
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 the Company. Actual results may differ materially from those currently anticipated in such statement.
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