| Golden Reign Announces Stock Option Grant | |
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Golden Reign Resources Ltd. (the 'Company' or 'Golden Reign')(TSX-V: GRR), announces that it has granted, pursuant to its stock option plan and subject to regulatory approval, 6,000,000 options to directors, officers, employees and consultants at an exercise price of $0.25 per share for a term of five years. The securities represented by this grant will be subject to a four-month hold period.
On behalf of the Board,
'Kim Evans'
Kim Evans, CPA, CGA
President
For additional information please visit our website at www.goldenreign.com and SEDAR www.sedar.com.
Forward-Looking Statements: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Such forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to political risks involving the Company's exploration and development of mineral properties interests, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties. Such information contained herein represents management's best judgment as of the date hereof, based on information currently available.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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Golden Reign Resources Ltd
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EXPLORATION STAGE |
CODE : GRR.V |
ISIN : CA38116E1007 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Golden Reign is a gold exploration company based in Canada. Its main exploration property is SAN ALBINO - MURRA GOLD in Nicaragua. Golden Reign is listed in Canada. Its market capitalisation is CA$ 36.7 millions as of today (US$ 27.8 millions, € 24.7 millions). Its stock quote reached its lowest recent point on December 19, 2008 at CA$ 0.01, and its highest recent level on July 22, 2011 at CA$ 1.45. Golden Reign has 183 540 000 shares outstanding. |