Lavras Gold issues new stock options
21 November 2023 - 2:00AM
Lavras Gold Corp. (TSX-V: LGC, OTCQB: LGCFF) has
granted an aggregate of 125,000 stock options (the "Options") to
purchase common shares (the "Common Shares") of the Company
exercisable at a price of C$1.15 per Common Share and expiring on
November 10, 2028. These grants are made from time to time to
certain employees and consultants of the Company as a usual course
of business.
The Common Shares issuable upon exercise of the
options are subject to a four-month hold period from the original
date of grant.
About Lavras Gold
Lavras Gold (TSXV: LGC, OTCQB:
LGCFF) is a Canadian exploration company focused on
realizing the potential of a multi-million-ounce gold district in
southern Brazil. Its Lavras do Sul Project is in Rio Grande do Sul
State and primarily an intrusive hosted gold system of possible
alkaline affinity. More than 23 gold prospects centred on historic
gold workings have been identified on the property, which spans
more than 22,000 hectares. Follow Lavras Gold on
www.lavrasgold.com, as well as on LinkedIn, Twitter, and
YouTube.
Contact information |
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|
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Michael Durose |
Naomi Nemeth |
President & CEO |
Vice President, Investor Relations |
investor@lavrasgold.com |
investor@lavrasgold.com |
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+1 289-624-1377 |
DISCLAIMERNeither
the TSX Venture Exchange nor its Regulation Services Provider (as
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of the content of this
news release.
FORWARD-LOOKING INFORMATIONThis news release
contains certain “forward-looking information” within the meaning
of applicable securities laws. Forward-looking information is
frequently characterized by words such as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate”, “estimate”, “may”,
“will”, “would”, “potential”, “proposed” and other similar words,
or statements that certain events or conditions “may” or “will”
occur. These statements, including those on planned exploration
activities and goals, are only objectives and predictions.
Forward-looking information is based on the opinions and estimates
of management at the date the information is provided, and is
subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from
those projected in the forward-looking information, including the
risks and factors that generally affect exploration and the
uncertainty of exploration results and the ability to obtain
regulatory approval for the Consolidation. For a description of the
risks and uncertainties facing the Company and its business and
affairs, readers should refer to the Company’s Management’s
Discussion and Analysis and Listing Statement recently filed under
the Company’s profile on www.sedar.com. The Company undertakes no
obligation to update forward-looking information if circumstances
or management’s estimates or opinions should change, unless
required by law. The reader is cautioned not to place undue
reliance on forward-looking information.
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