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Correction From Source: Sandspring Grants Annual Stock Options to Officers and Directors
Published : February 19, 2013
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Keywords :   Gold | K Street | Market |

DENVER, COLORADO--(Marketwire - Feb. 19, 2013) - Sandspring Resources Ltd. (News - Market indicators(the "Company") announced on February 18, 2013, that the Company has granted to officers and directors 1,280,000 stock options to purchase common shares of the Company. The correct number of annual stock options granted to officers and directors was 1,405,000. The stock options are exercisable at $0.41 per share and will expire on 7 February, 2018. This stock option grant is subject to regulatory approval.

Sandspring is a well-funded junior mining company currently exploring and developing the NI 43-101 Toroparu Gold Project in the Republic of Guyana, South America. Additional information on Sandspring can be viewed on SEDAR under the Corporation's profile at www.sedar.com or on Sandspring's website at www.sandspringresources.com.

This news release includes certain forward-looking statements concerning the future performance of our business, financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the Company's successful expansion of its mining team and the advancement of the Toroparu deposit toward feasibility and obtaining positive results from ongoing evaluation and testing of multiple gold targets located elsewhere in the Company's landholdings, among other risks as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. Sandspring Resources Ltd. has an ongoing obligation to disclose material information as it becomes available.

Neither the 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 press release.

Sandspring Resources Ltd.
Richard A. Munson
8000 South Chester Street, Suite 375, Denver CO USA 80112
(720) 854-0104
info@sandspringresources.com
www.sandspringresources.com
Companies Mentionned : Reliance |
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Sandspring Resources Ltd.

EXPLORATION STAGE
CODE : SSP.V
ISIN : CA8001101085
CUSIP : 800110 10 8
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Sandspring Res. is an exploration gold and copper company based in Canada.

Its main exploration property is TOROPARU in Guyana.

Sandspring Res. is listed in Canada. Its market capitalisation is CA$ 84.3 millions as of today (US$ 64.9 millions, € 58.0 millions).

Its stock quote reached its highest recent level on December 31, 2010 at CA$ 3.75, and its lowest recent point on December 26, 2014 at CA$ 0.09.

Sandspring Res. has 112 413 295 shares outstanding.

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Nominations of Sandspring Resources Ltd.
11/18/2010Appoints New CFO
Project news of Sandspring Resources Ltd.
4/9/2013(Toroparu)Positive Pre-Feasibility Study for Toroparu Demonstrates 2.6...
5/11/2011Provides Update on Receipt of NI 43-101 Technical Report
3/22/2011(Toroparu)Announces Positive Preliminary Economic Assessment for Torop...
Corporate news of Sandspring Resources Ltd.
6/8/2016Billionaire Investors Back A Gold Price Rally In 2016
5/26/2016Sandspring Resources Retains Renmark Financial Communication...
5/6/2016Sandspring Resources Closes C$6.5 Million Private Placement
4/21/2016Sandspring Resources Announces Year-end 2015 Financial Resul...
4/19/2016Sandspring Resources Announces Non-brokered Private Placemen...
2/29/2016Sandspring Resources Receives $750,000 from Exercised Warran...
2/12/2016Sandspring Resources Announces Share Purchases by Frank Gius...
2/3/2016Sandspring Resources Reports Encouraging Results From its Fa...
1/12/2016Sandspring Resources Receives Final 2015 Payment Under Its S...
11/6/2015Sandspring Resources Announces Option Grant
10/15/2015Sandspring Commences New Exploration Program at Toroparu Gol...
9/15/2015Sandspring Resources Ltd. Acquires Securities of PNO Resourc...
9/15/2015Sandspring Acquires Securities of PNO Resources
9/14/2015Sandspring and PNO Announce Closing of Business Combination
7/20/2015Sandspring and PNO Announce Signing of Definitive Agreement
7/14/2015PNO Resources Ltd. Increases Private Placement offering to t...
7/6/2015IIROC Trading Resumption - SSP; PNO.H
7/3/2015IIROC Trading Halt - SSP
6/26/2015Sandspring Receives Second 2015 Installment under its Stream...
4/29/2015Sandspring Receives First 2015 Installment under its Streami...
4/29/2015Sandspring Receives First 2015 Installment Under Its Streami...
4/29/2015Sandspring Satisfies a Condition under Silver Stream Agreeme...
4/23/2015Sandspring adds Silver By-Product Stream to Silver Wheaton A...
2/23/2015(Toroparu)Announces Information on Silver Resource at Toroparu Project...
2/23/2015Sandspring Announces Information on Silver Resource at Torop...
2/16/2015Sandspring Announces Feasibility Study Update, Management Ch...
12/1/2014Sandspring Appoints New CFO
6/6/2014Sandspring Shareholders Approve All Matters at Annual and Sp...
4/29/2014Sandspring Retains Investor Relations Consultant
5/8/2013Adopts Advance Notice By-Law
4/19/2013Signs Memorandum of Understanding With the Government of Guy...
3/4/2013Reports Update of Continued Surface Exploration Program Resu...
2/19/2013Correction From Source: Sandspring Grants Annual Stock Optio...
2/18/2013Grants Annual Stock Options to Officers and Directors
11/26/2012(Toroparu)Toroparu Development Update
9/24/2012Reports More Encouraging Results from Its In-Fill Drill Prog...
9/7/2012Appoints President & Chief Operating Officer and Grants Opti...
4/14/2011(Toroparu)Infill Drill Results From the Toroparu Gold-Copper Deposit I...
3/21/2011NI 43-101 Compliant Mineral Resource Update for the Toroparu...
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