Nighthawk Gold Corp.: Grants Stock Options
01.12.2015 | Marketwire
TORONTO, December 1, 2015 - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX VENTURE:NHK) announces that it has granted an aggregate of 2,285,000 stock options to certain officers, directors and consultants of Nighthawk. The options were granted under Nighthawk's Stock Option Plan at an exercise price of $0.15 per Common Share. Each stock option entitles the holder to purchase one Common Share for a period of five years and vests immediately. The Company also received consent from certain former officers of the Company for the cancellation of an aggregate of 1,222,000 stock options, without the payment of any consideration therefor, in order to provide more room under the Stock Option Plan for the Company to issue additional stock options.Nighthawk Gold Corp.
Nighthawk is a Canadian-based exploration company focused on acquiring and developing gold mineral properties in the Northwest Territories, Canada. Its land position covers 229,791 acres or 930 square kilometres in the Indin Lake Gold Camp, located approximately 220 kilometres north of Yellowknife, Northwest Territories.
For more information about the Company, please visit www.nighthawkgold.com.
Neither the 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 news release.
Contact
Nighthawk Gold Corp.
Dr. Michael Byron, President & CEO, Chief Geologist
(416) 628-5940
(416) 628-5911
mbyron@nighthawkgold.com