WSR Gold Announces Grant of Options
2008年6月12日 - 12:09AM
Marketwired
TORONTO, ONTARIO WSR Gold Inc. announces that it has granted a
total of 4,475,000 options to directors, officers and consultants
of the Company exercisable over a five-year period expiring June
11th, 2013, at a price of $0.80 per share. The grant is subject to
regulatory and shareholder approval.
About WSR
WSR is a Canadian based mineral exploration company with
extensive property holdings strategically located on and around the
nickel/copper "Ring of Fire" in northern Ontario near James
Bay.
WSR can earn a 50% interest in the McFauld's Lake Property
pursuant to an option agreement with Noront Resources Ltd. (TSX
VENTURE: NOT) (see press release dated November 1, 2007). The area
will include 15 Claim Blocks, approximately 4,400 hectares (9,600
acres) in the Ring of Fire, McFauld's Lake, Ontario near Noront's
prolific nickel copper and platinum group metals discovery.
WSR has agreed to acquire a 75% interest in the Big Mac Property
from MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) consisting
of 51 Claim Blocks, approximately 27,660 acres (see press release
dated February 15, 2008).
WSR has entered into an agreement with Metalex Ventures Ltd.
(TSX VENTURE: MTX) and Arctic Star Diamond Corp. whereby WSR the
right to fund a maximum of $20.0 million in expenditures on the
James Bay Properties Property over a 4 year period to earn a
maximum 50% interest. The James Bay Properties comprise
approximately 214.4 square kilometres (52,980 acres) (see press
release dated March 26, 2008).
WSR has agreed to acquire a 35% interest in the Luc Bourdon
Prospect from Golden Valley Mines Ltd. (TSX VENTURE: GZZ)
consisting of approximately 9,000 hectares (see press release dated
June 6, 2008). The Luc Bourdon Prospect surrounds the recently
announce Volcanic Derived Sulphides (VDS) to the north, east and
south.
Shares Outstanding: 112,085,708
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: WSR Gold Inc. John Tait President and Chief Executive
Officer (416) 628-5905 (416) 628-5911 (FAX) Email: jtait@wsrgold.ca
Website: www.wsrresources.ca
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