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Re: News Release - Thursday, September 24, 2009
Golden Predator Grants Stock Options
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Vancouver, BC -- September 24, 2009 -- Golden Predator Royalty &
Development Corp. announces that it has granted 1,567,500 incentive
stock options to its directors, officer, employees and consultants at
an exercise price of $0.65 per share, and expire on September 23, 2014.
The stock options are subject to vesting as to 25% every six months
pursuant to the Company's Stock Option Plan.
About Golden Predator Royalty & Development Corp.
Golden Predator's corporate mandate is to establish a self-funded
precious metal exploration company with an immediate focus on exploring
for and developing world class gold deposits in the Tintina Gold Belt
and the Rocky Mountain Alkalic Gold Province. The Company seeks
internal revenue generation from early high grade precious metals
production in Nevada augmented by increasing revenues from its royalty
portfolio.
The Company is aggressively exploring its three Yukon properties, Gold
Dome, Brewery Creek, and Antimony Mountain, in the prolific Tintina
Gold Belt through its wholly owned subsidiary True North Mining Corp.
Brewery Creek has a current Type A water license and a production
license.
In Nevada and adjacent states, Golden Predator is drilling a number of
its properties with bonanza-style gold mineralization in 2009 with the
intent of identifying one or more properties for near term production
of small-tonnage high grade ores. The Company intends, through
strategic use of its Taylor Mill near Ely, Nevada and a facilities use
agreement at EMC Metals Corp.'s Springer Facility in Pershing County,
Nevada, to become a mid-tier precious metals producer.
Golden Predator is partially self-financed through its passive
pre-production royalty stream from a portfolio of properties,
anticipated to yield approximately $1.2 million during 2009. The
Company owns royalties on several known deposits including a portion of
the Barrick Bald Mountain property, the Pan deposit of Midway Gold,
significant portions of US Gold's Tonkin Springs deposit and Evolving
Gold's Rattlesnake project.
For additional information:
Golden Predator Royalty & Development Corp.
William Sheriff, Chairman (867) 335-5000
Robert Eadie, President (604) 602-4935
Neither TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or
accuracy of this release.
This press release contains projections and forward-looking information
that involve various risks and uncertainties regarding future events.
Such forward-looking information can include without limitation
statements based on current expectations involving a number of risks
and uncertainties and are not guarantees of future performance. There
are numerous risks and uncertainties that could cause actual results
and Golden Predator's plans and objectives to differ materially from
those expressed in the forward-looking information. Actual results and
future events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Golden Predator assumes no
obligation to update forward-looking information should circumstances
or management's estimates or opinions change.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of the securities in the United
States. The securities referred to herein have not been and will not be
registered under the United States Securities Act of 1933, as amended
or any state securities laws and may not be offered or sold within the
United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
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Copyright (c) 2009 GOLDEN PREDATOR ROYALTY & DEVELOPMENT CORP. (GPD)
All rights reserved. For more information visit our website at
http://www.goldenpredator.com/ or send mailto:info@goldenpredator.com
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Golden Predator.
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PRODUCER |
CODE : GPY.V |
ISIN : CA38116P1053 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Golden Predator. is a gold development stage company based in Canada. Golden Predator. develops gold and silver in USA, and holds various exploration projects in Canada. Its main asset in production is BALD MOUNTAIN in USA, its main asset in development is TAYLOR MINE in USA and its main exploration properties are BREWERY CREEK, CLEAR CREEK, LANTERN DEPOSIT, ST. ELMO, BUENA VISTA/FRENCH BOY, CEDAR (NEVADA), BOND, OGOPOGO, DEL, AGATE, MEL, DAD, LED, CHOPIN, MCCONNEL, DOME HILL, GOLD (SCHEELITE) DOME, HARLAN, PHOENIX JV, ANTIMONY MOUNTAIN, WINDFALL LAKE, ALBERTA SUN, TUSCARORA, AFGAN, GREW CREEK, ADELAIDE, WILLOUGHBY, ALKALIC, ANGEL'S CAMP, GOLDEN RIDGE ( NEVADA), PAN, TONKIN PROJECT, SONORA GULCH, MARG, BRUIN CREEK and BROWNS CREEK in Canada and GUIJOSO and MAGISTRAL I in Mexico. Golden Predator. is listed in Canada. Its market capitalisation is CA$ 14.7 millions as of today (US$ 11.6 millions, € 9.8 millions). Its stock quote reached its highest recent level on November 19, 2010 at CA$ 9.80, and its lowest recent point on April 25, 2014 at CA$ 0.03. Golden Predator. has 91 570 000 shares outstanding. |