Magna Gold Corp. Announces Adoption of 10% Rolling Stock Option Plan and Grant of Options

Aug 13, 2020

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Magna Gold Corp. (TSXV: MGR, OTCQB: MGLQF) ("Magna" or the "Company") announces that its board of directors has approved the adoption of a new 10% rolling stock option plan (the "Plan") to replace the Company's existing fixed stock option plan. The Plan is subject to approval of the shareholders of the Company at the annual and special meeting of shareholders to be held on September 15, 2020 (the "Meeting") in accordance with the policies of the TSX Venture Exchange (the "Exchange"), as well as the final acceptance of the Exchange. Further details and a copy of the Plan will be included in the management information circular for the Meeting.

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