TORONTO, May 19, 2016 /CNW/ - Roxgold Inc. ("Roxgold" or "the Company") (TSX.V: ROG) announces that it has granted incentive stock options to recently hired employees to purchase up to an aggregate of 450,000 common shares, exercisable on or before May 18, 2021 at a strike price of $1.20.
Roxgold is a gold mining company with its key asset, the high grade Yaramoko Gold Mine, located in the Houndé greenstone region of Burkina Faso, West Africa. The Company expects to reach commercial production in Q3 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: Tania Shaw, Director, Investor Relations & Communications, 416-203-6401, [email protected]