Everton: Granting of Options
OTTAWA, ONTARIO -- (Marketwire) -- 07/16/10 -- Everton Resources Inc. ('Everton') (TSX VENTURE: EVR)(FRANKFURT: ERV) has granted options to purchase up to 825,000 common shares of the Company to Directors, Officer, Consultant, and Employees. Each option entitles the holder to purchase one common share of the Company at a price of $0.25 per share for a period of five years ending July 9, 2015.
Everton is actively exploring in the Dominican Republic adjacent to the US$2.7 billion Pueblo Viejo project, currently being developed by the world's largest gold mining company, Barrick Gold Corporation (60%) (NYSE/TSX: ABX) in partnership with Goldcorp (40%) ('Goldcorp') (NYSE: GG, TSX: G). Everton also holds through its 100%-owned subsidiary Hays Lake Gold various options consolidated land package located in the Shoal Lake area, near Kenora, Ontario. The Shoal Lake Gold Project is comprised of two significant high grade gold deposits: Duport and Cedar Island on 81.3 km2. The Company is also exploring in the Opinaca region of James Bay, Quebec where the Company has amassed one of the largest land claims adjacent to Goldcorp's Eleonore gold deposit.
Neither 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.
Contacts:
Andre Audet, Chairman and CEO
613-241-2332
613-241-8632 (FAX)
andre@evertonresources.com
Gary Economo, Director, Corporate Communications
613-241-2332
613-241-8632 (FAX)
gary@evertonresources.com
www.evertonresources.com