Batero Gold Grants 1.500.000 stock options at $ 4.20
VANCOUVER, BRITISH COLUMBIA - February 21, 2011 - Batero Gold Corp.
(TSX-V: BAT) has granted to its directors and officers, 1,500,000 stock
options to purchase common shares at a price of $4.20 per share for
five years.
Company management has recently exercised and sold a certain number of
their outstanding options to position a number of strategic
institutional investors.
ON BEHALF OF THE BOARD OF
BATERO GOLD CORP.
Brandon Rook
Brandon Rook,
President & CEO
Batero Gold Corp.
For further information please contact:
Batero Gold Corp.
Tel: 604.568.6378 or
info@baterogold.com
About Batero Gold:
Batero Gold Corp. (TSX-V:BAT) is a Vancouver-based precious and base
metals exploration and development company focused in Colombia's
emerging and prolific Mid-Cauca porphyry gold and copper belt. Batero
is located within the Quinchia district and has 100% ownership in the
Batero-Quinchia Project, comprising a 1407.43 hectare tenement. The
Batero-Quinchia Project includes three known gold porphyry target
centres. The Quinchia district and Batero's project is considered
socially stable and mining friendly and is supported with a
comprehensive infrastructure network. Batero has assembled a strong
management and technical team in Colombia whom have contributed to
numerous significant discoveries throughout Colombia. Batero plans to
leverage its share structure with strategic local and regional
relationships, and long-term financial partners, to develop its
prospective project into what the Company believes will be Colombia's
next major mining venture.
FORWARD LOOKING STATEMENTS: This press release contains forward-looking
statements. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by the
words expects, plans, anticipates, believes, intends, estimates,
projects, potential and similar expressions, or that events or
conditions will, would, may, could or should occur. 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 may differ
materially from those in forward looking statements. Forward-looking
statements are based on the beliefs, estimates and opinions of the
Company's management on the date such statements were made. The Company
expressly disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise.
"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.
.
|
Batero Gold Corp
|
|
EXPLORATION STAGE |
CODE : BAT.V |
ISIN : CA0705051021 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Batero Gold is a gold exploration company based in Canada. Its main exploration property is BATERO QUINCHIA in Colombia. Batero Gold is listed in Canada. Its market capitalisation is CA$ 6.9 millions as of today (US$ 5.0 millions, € 4.7 millions). Its stock quote reached its highest recent level on March 04, 2011 at CA$ 6.57, and its lowest recent point on September 08, 2023 at CA$ 0.02. Batero Gold has 115 182 383 shares outstanding. |