Trading Symbol: TSX-V:RGZ
TORONTO, March 13 /CNW/ - Randsburg International Gold Corporation (TSX-V:RGZ) announced today that, pursuant to its stock option plan, the Company has agreed to grant a total of 600,000 incentive stock options (the "Stock Options") to officers, directors and consultants of the Corporation. Each Stock Option entitles the holder thereof to acquire one (1) common share of the Corporation at an exercise price of $0.35 per common share within 2 years of the date of grant. Of the total of 600,000 Stock Options, 475,000 Stock Options have been granted to officers and directors, with the balance having been granted to consultants. The grant of the Stock Options is subject to all required regulatory approval.
ABOUT RANDSBURG INTERNATIONAL GOLD CORPORATION:
Randsburg International Gold Corporation is a Canadian exploration company listed on the TSX Venture Exchange (Symbol TSX-V: RGZ). The Company is engaged in exploring for diamonds, titanium, iron, precious and base metals, and platinum group metals (PGMs) in Brazil, Canada and Idaho. The Company has three active exploration projects.
1. Victory Strike diamond project in Brazil - 85% owned;
2. Titan Project (iron-titanium-vanadium) in Northern Ontario - 100%
owned; and
3. Empire Project (copper-gold-silver-zinc) - Idaho - a 50% owned Joint
Venture.
On behalf of the Board of Directors of
Randsburg International Gold Corp.
"Michael Opara"
President and Chief Executive Officer
E-mail: [email protected]
Website: www.randsburginternational.com
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
Copyright, 2008 Randsburg International Gold Corporation. This news release can be reproduced and retransmitted in whole, with no changes permitted of any kind, including headlines, or the addition of any headlines or other material, and providing it is supplied and made available without charge to the end reader.
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