+ Energold Drilling Corp. - News Releases - Stock Options and Bonus Shares - Mon Jul 13, 2020

News Releases

 May 03, 2005
Stock Options and Bonus Shares

 Energold Mining Ltd. (EGD:TSX.V) announces that it has today granted incentive stock options under its Stock Option Plan to directors, employees and consultants for the purchase of a total of 1,000,000 common shares in its capital. The options are exercisable on or before May 3, 2010 at a price of $1.20 per common share. Energold will not proceed with the grant of stock options previously announced in its press release of February 25, 2005.

Energold also announces that it will issue 50,000 of its common shares at a deemed price of $1.15 per common share to a director/officer as a bonus, which shares are subject to a four-month hold period.

On behalf of the Directors of Energold Mining Ltd.

"Frederick W. Davidson"

For further information, please contact:
Darrell Rader - Corporate Development

The TSX Venture Exchange has neither approved nor disapproved this news release.

900 - 543 Granville St.
Vancouver, B.C. V6C 1X8
Telephone 604 681-9501
Facsimile 604 681-6813

You can view the Next News Releases item: Fri May 27, 2005, Energold Announces 11th Consecutive Profitable Quarter

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