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TSX.V: GBN
SASKATOON , Nov. 30, 2015 /CNW/ - Golden Band Resources Inc. ("Golden Band" or the "Company") (GBN.V) announces that pursuant to its Incentive Stock Option Plan, it has granted incentive stock options to a new director of the Company to purchase up to 1,000,000 common shares in the capital stock of the Company. The options vest in 50% increments with half vesting immediately and the balance vesting in 12 months from date of grant. The options are exercisable at a price of $.07 per share for a period of five years from the date of grant.
About Golden Band
Golden Band Resources Inc. is a gold producer operating in the La Ronge gold belt in northern Saskatchewan and is listed on the TSX Venture Exchange in Canada under the symbol GBN. Commercial production was declared on April 1, 2011 . The Company has recently suspended mining operations (see news release of June 30, 2014 ) but has been actively exploring the La Ronge Gold Belt since 1994 and has assembled a land package of 870 km2, including 13 known gold deposits and five former producing mines, being Jolu, Decade, Star Lake , EP and Komis (the La Ronge Project area).
On behalf of the Board of Directors of Golden Band Resources Inc.,
"Paul Saxton" Paul Saxton , CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Golden Band Resources Inc.
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Golden Band Resources Inc.
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PRODUCER |
CODE : GBN.V |
ISIN : CA3809321035 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Golden Band Res. is a gold producing company based in Canada. Golden Band Res. holds various exploration projects in Canada. Its main assets in production are KOMIS - WADDY LAKE and LA RONGE in Canada and its main exploration properties are TOWER LAKE EAST (BIRCH), BINGO, KIRK LAKE (MEMORIAL ZONE), GREYWACKE, GOLDEN HEART, MEMORIAL, EP, BIRCH CROSSING, BLINDMAN LAKE, FLEMING LAKE and HENRY LAKE in Canada. Golden Band Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.4 millions as of today (US$ 1.1 millions, € 979 176). Its stock quote reached its highest recent level on January 31, 1997 at CA$ 0.80, and its lowest recent point on April 15, 2016 at CA$ 0.01. Golden Band Res. has 284 740 000 shares outstanding. |