CBJ

CB Gold Inc. (TSX VENTURE: CBJ) ("CB Gold" or the "Company") announces that its
Board of Directors, subject to TSX Venture Exchange approval, has approved the
re-pricing of 825,000 incentive options for non-insiders ("the Options").


The amendment of the exercise price of the Options held by employees and key
consultants, to an exercise price of $0.12 per common share (the "Option
Amendment") will be submitted to the TSX Venture Exchange for approval. None of
the options subject to amendment are held by directors or officers of the
Company.


Prior to the receipt of TSX Venture Exchange approval, none of the Options may
be exercised at the amended price.


Also, the Board of Directors has approved the issuance of 3,250,000 incentive
options to directors, advisory board members and officers of the Company. The
options have been issued under the Company's existing Stock Option Plan, have an
exercise price of $0.12 and are exercisable for a period of five years.


The amendment of the exercise price of the Options and the issue of new Options
is being implemented to ensure that the objectives of the Company's stock
options plan are fulfilled, including the retention of key consultants who have
accepted reduced market rate for services demonstrating an acknowledgement of
the need for restraint at this time and assisting in the preservation of the
Company's cash resources while maintaining a focus on the long term objectives
of the Company and its shareholders. 


About CB Gold Inc.: 

CB Gold is a mineral exploration company headquartered in Vancouver, British
Columbia. CB Gold, through its wholly-owned subsidiary, Leyhat Colombia
Sucursal, is actively pursuing the exploration and development of mineral
properties in the Republic of Colombia. The Vetas Gold Project consists of a
number of existing mines (operations currently suspended) and exploration
concessions.


Cautionary Note Regarding Forward-Looking Statements 

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 news release. 


The securities of CB Gold described herein have not been and will not be
registered under the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or sold
within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such
registration is available. 


Some of the statements contained in this release are forward-looking statements,
such as the expected use of proceeds and estimates and statements that describe
the Company's future plans, objectives or goals, including words to the effect
that the Company or management expects a stated condition or result to occur.
Since forward-looking statements address future events and conditions, by their
very nature, they involve inherent risks and uncertainties. Actual results in
each case could differ materially from those currently anticipated in such
statements.



FOR FURTHER INFORMATION PLEASE CONTACT: 

CB Gold
Fabio Capponi
CEO
+1 (604) 630-5870
info@cbgoldinc.com
www.cbgoldinc.com

CB Gold Inc. (TSXV:CBJ)
過去 株価チャート
から 5 2024 まで 6 2024

CB Gold Inc. (TSXV:CBJ)
過去 株価チャート
から 6 2023 まで 6 2024