VANCOUVER, Feb 24, 2016 -
Atlantic Gold Corp. (TSX VENTURE:AGB) ("Atlantic" or the "Company") announces that the board of directors of the Company has approved the granting of 2,545,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan to directors, officers and employees of the Company. The Options are exercisable at a price of $0.42 per share expiring on November 24, 2022 and are subject to vesting as follows: 12.5% vesting immediately and 12.5% each quarter over the next seven (7) quarters.
On behalf of the Board of Directors,
Steven Dean, Chairman and Chief Executive Officer
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 release.
Contact
Atlantic Gold Corp.
Chris Batalha, CFO and Corporate Secretary
+1 (604) 689 5564