Unigold Inc. Announces Grant of Incentive Options

Author's Avatar
Sep 29, 2020
Article's Main Image

TORONTO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Unigold Inc. Corp. (the “Company") (TSXV: UGD) (FSE: UGD1) (OTCQX: UGDIF) announces that the Board of Directors has approved the grant of stock options ("Options") to directors, officers, employees and consultants of the Company allowing for the acquisition of an aggregate of up to 6,000,000 common shares of the Company ("Shares"). An aggregate of 4,500,000 Options were issued with an exercise price of $0.34 per Share, with an expiry date of September 28, 2021. The remaining 1,500,000 Options were issued with an exercise price of $0.34 per Share and an expiry date of September 28, 2022. The grants of Options were issued pursuant and subject to the terms and conditions of the Company's stock incentive plan and TSX Venture Exchange policies.