Reunion Gold announces grant of stock options and restricted share units
21 August 2019 - 6:30AM
Reunion Gold Corporation (TSX-V: RGD) (the “Company”) announces the
grant of incentive stock options (“Options”) and restricted share
units (“RSU”) to certain officers, directors and employees of the
Company.
Options to purchase up to 7,640,000 common
shares were granted pursuant to the Company’s stock option plan.
The Options are exercisable for a period of five years at an
exercise price of $0.27 and will be vesting in three tranches over
a period of two years.
In addition, 1,476,316 RSUs were awarded
pursuant to the Company’s performance and restricted share unit
plan. The RSUs will vest in two tranches over a period of two
years. Each vested RSU entitles the holder to receive one common
share of the Company.
The grant of stock options and RSUs are subject
to TSX Venture Exchange approval.
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 press release.
About Reunion Gold
Reunion Gold Corporation is a Canadian-based
company engaged in the acquisition, exploration and development of
gold mineral properties in the Guiana Shield region of South
America. The Company’s shares are listed on the TSX Venture
Exchange under the symbol ‘RGD’. Additional information about the
Company is available on SEDAR (www.sedar.com ) and on the Company’s
website (www.reuniongold.com ).
For further information, please contact:
REUNION GOLD CORPORATION Réjean Gourde,
President & CEODavid Charles CFA, Investor RelationsTelephone:
+1 450.677.2585Email: info@reuniongold.com
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