TORONTO, CANADA -- (Marketwired - Aug 16, 2013) - REBgold Corp. ("REBgold" or the "Company") (TSX VENTURE:RBG) today announced that the board of directors has approved the issuance of 697,500 options to purchase common shares of the Company to Directors, Officers and Employees of the Company. The exercise price of the options is $0.12. They are subject to a 4 month hold and have a term of 5 years.
The total number of outstanding options under the Company's plan is 2,252,500 or approximately 8% of the outstanding shares.
REBgold PROFILE
REBgold is in the process of acquiring and developing economic interests in gold assets, in particular, where it can utilize its competitive advantages, to create shareholder value. The Company's key competitive advantages include an experienced board and management team, strategic investor backing and proprietary technology. The Company is currently developing projects in Finland and evaluating several projects elsewhere.
Shares outstanding 27,525,183
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 release.
Contact
REBgold Corp. Bill Mitoulas, Investor Relations 416-479-9547 billm@reb-gold.com
REBgold Corp. EJ Spencer, Corporate and Investor Relations Administrator 416-646-1850 X 242 416-596-9840 ejspencer@reb-gold.com www.reb-gold.com
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TORONTO, CANADA -- (Marketwired - Aug 16, 2013) - REBgold Corp. ("REBgold" or the "Company") (TSX VENTURE:RBG) today announced that the board of directors has approved the issuance of 697,500 options to purchase common shares of the Company to Directors, Officers and Employees of the Company. The exercise price of the options is $0.12. They are subject to a 4 month hold and have a term of 5 years.
