Otis Gold Grants Stock Options
07 März 2014 - 11:37PM
Marketwired
Otis Gold Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 7, 2014) - Otis
Gold Corp. (TSX-VENTURE:OOO)(OTCQX:OGLDF) ("Otis" or the "Company")
has issued stock options to purchase up to 1,955,000 common shares
of the Company to its directors, officers and consultants at an
exercise price of $0.07 per share for a period of five years,
expiring on March 6, 2019. Otis continues to work to keep the
interests of the shareholders, Board and management aligned by
granting such options.
About the Company
Otis is a growth-oriented resource company focused on the
acquisition, exploration, and development of precious metal
deposits in Idaho, USA. Otis is currently developing its flagship
property, the Kilgore Gold Project, located in Clark County,
Idaho.
ON BEHALF OF THE BOARD
Craig T. Lindsay, President and CEO
Forward-Looking Statements
This release and related documents may include "forward-looking
statements" including, but not limited to, statements related to
the interpretation of drilling results and potential
mineralization, future exploration work at the Kilgore Project and
the expected results of this work. Forward-looking statements are
statements that are not historical fact and are subject to a
variety of risks and uncertainties which could cause actual events
to differ materially from those reflected in the forward-looking
statements, including: fluctuations in the price of gold, cost of
mining, inability to complete drill programs on time and on budget
and future financing. Words such as "believes", "plans",
"anticipates", "expects", "estimates" and similar expressions
should also be considered to be forward-looking statements. There
are a number of important factors that could cause actual results
or events to differ materially from those indicated by such
forward-looking statements, including, but not limited to:
uncertainties involving interpretation of drilling results,
environmental matters, obtaining required permitting, equipment
breakdowns or disruptions, and the other factors described in Otis'
most recent Annual Report.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any securities in the United
States. The securities 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.
NEITHER THE 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.
Otis Gold Corp.Craig Lindsay604.683.2507craig@otisgold.com
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