TSX.V: GBN
SASKATOON, Nov. 30, 2015 /CNW/ - Golden Band Resources
Inc. ("Golden Band" or the "Company") (TSXV: GBN) announces
that pursuant to its Incentive Stock Option Plan, it has
granted incentive stock options to a new director of the Company to
purchase up to 1,000,000 common shares in the capital stock of the
Company. The options vest in 50% increments with half vesting
immediately and the balance vesting in 12 months from date of
grant. The options are exercisable at a price of $.07 per share for a period of five years from
the date of grant.
About Golden
Band
Golden Band Resources Inc. is a gold producer operating in
the La Ronge gold belt in northern
Saskatchewan and is listed on the
TSX Venture Exchange in Canada
under the symbol GBN. Commercial production was declared on
April 1, 2011. The Company has
recently suspended mining operations (see news release of
June 30, 2014) but has been actively
exploring the La Ronge Gold Belt since 1994 and has assembled a
land package of 870 km2, including 13 known gold
deposits and five former producing mines, being Jolu, Decade,
Star Lake, EP and Komis (the La
Ronge Project area).
On behalf of the Board of Directors of Golden Band Resources
Inc.,
"Paul Saxton"
Paul Saxton, CEO
Neither 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 release.
SOURCE Golden Band Resources Inc.