Masuparia Gold Corporation (TSX.V: MAS
or the "Company"
) has granted, subject to TSX Venture approval, a total of 1,475,000 incentive stock options to directors, employees and consultants. The options are set for a period of 5 years, expiring on December 7, 2020, and will allow the holder to purchase a common share in the Company at a price of $0.05. Any shares issued on the exercise of these stock options will be subject to a four month hold period from date of grant.
About Masuparia Gold
Masuparia Gold Corporation is a Canadian mineral exploration company focused on exploration projects in Saskatchewan. Masuparia currently is the Operator of a joint venture (LRSGJV) in the La Ronge Gold Belt of Saskatchewan with Golden Band Resources on three properties: Greywacke Lake, North Lake and Preview Lake. The Company believes the Greywacke Lake gold project to be an excellent regional exploration opportunity within the large 5,786 hectare project area. The Greywacke North deposit is at an advanced stage with several known high-grade gold-bearing zones and a NI 43-101 compliant Indicated Mineral Resource of 252,299 tonnes at 9.92 g/t Au plus an Inferred Mineral Resource of 58,456 tonnes at 7.42 g/t Au (at a cut-off of 5 g/t Au) (Masuparia news release June 29, 2015).
On Behalf of the Board of Directors of
Masuparia Gold Corporation
Ronald K. Netolitzky
President & CEO
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Masuparia Gold Corp. Contacts: Ron Netolitzky, President & CEO or Tony Perri - Investor Relations at 604-685-8592
Suite 650, 1021 W. Hastings Street Vancouver, British Columbia, Canada V6E 0C3
Tel: 604-685-8592 Website: www.masupariagold.com Email: firstname.lastname@example.org