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Frontline Cancels Stock Options

15.05.2015  |  Newsfile

Toronto, Ontario--(Newsfile Corp. - May 15, 2015) - Frontline Gold Corp. (TSXV: FGC) ("Frontline" or the "Corporation") announces that in an effort to improve its corporate registry and as a step forward in its capital restructuring efforts, Frontline's Directors, Officers, Employees and various Consultants have agreed to terminate and cancel all 6,970,000 stock options that were issued to them in prior years, with exercise prices ranging from $0.10 to $0.20 and with expiry dates ranging from February 2016 to October 2016.

About Frontline Gold Corporation

Frontline is a Canadian junior mineral exploration company with an experienced discovery team and a proven record of accomplishment. The Company's principal properties include the Menderes gold project in the Izmir province of Western Turkey, the Poly and Stewart (gold-copper polymetallic) projects in the Stewart region of British Columbia and the Niaouleni gold project in southern Mali in the heart of West Africa's prolific gold belt. Other Canadian exploration properties include its Red Lake (gold) property groups.

For further information, please visit the Company's website at www.frontlinegold.com to view the most recent corporate presentation.

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Contact: Walter Henry
Telephone: (416) 362-9100
"Walter Henry" Fax: (416) 362-9300
Walter Henry, President & CEO Email: info@frontlinegold.com
FRONTLINE GOLD CORP. Website:

www.frontlinegold.com

Frontline Gold Corp. (TSXV: FGC)
1 Toronto Street, Suite 201
Toronto, Ontario M5C 2V6

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Neither 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 this release.


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