Victoria Announces Grant of Stock Options
TORONTO, ONTARIO, December 18, 2009 - The Board of Directors of
Victoria Gold Corp. (the "Company")(TSX VENTURE:VIT) has granted options to employees, officers,
directors and consultants of the Company, in each case under the stock
option plan of the Company which was approved by shareholders of the
Company on July 22, 2009. The options will vest over an 18-month period,
have an exercise price of $0.70, and acquire an aggregate of 3,210,000
common shares of the Company exercisable for a period of five years from
the date of the grant thereof.
About Victoria
Victoria Gold Corp. is a high growth gold company with a focus on adding value
per share through efficient exploration, project development, accretive
acquisitions and effective marketing. Maintaining a low risk profile
through project diversification, sound financial management, and
operating in secure jurisdictions are key priorities for Victoria's
management team.
On Behalf of Victoria Gold Corp.
Chad Williams, P. Eng, CEO, President
& Director
Cautionary Language and Forward-Looking Statements
This press release includes certain
statements that may be deemed "forward-looking statements".
All statements in this discussion, other than statements of historical
facts, that address future exploration drilling, exploration activities
and events or developments that the Company expects, are forward
looking statements. Although the Company believes the expectations
expressed in such forward looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those in
forward-looking statements. Factors that could cause actual results to
differ materially from those in forward-looking statements include
metal prices, exploration successes, continued availability of capital
and financing, and general economic, market or business conditions.
Accordingly, readers should not place undue reliance on forward-looking
statements.
This news release and the information
contained herein does not constitute an offer of securities for sale in
the United States and securities may not be offered or sold in the
United States absent registration or exemption from registration.
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