TORONTO, Jan. 4, 2016 /CNW/ - Roxgold Inc. ("Roxgold" or "the Company") (TSX.V: ROG) announces that in accordance with its Stock Option Plan, the Company has granted employees and executives incentive stock options to purchase up to an aggregate of 4,325,000 common shares, exercisable on or before January 4, 2021 at a strike price of $0.69. The incentive stock options represent the 2016 annual options grant.
Roxgold is a gold exploration and development company with its key asset, the high grade Yaramoko Gold Project, located in the Houndé greenstone region of Burkina Faso, West Africa. The Company is currently in construction and expects to be producing gold by Q2, 2016. Roxgold trades on the TSX Venture Exchange under the symbol ROG and as part of the Nasdaq International Designation program with the symbol OTC: ROGFF.
"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: Toni Davies, Manager, Investor Relations, 416-203-6401, [email protected]