Columbus Gold Grants Incentive Stock Options
February 16 2018 - 4:17PM
Columbus Gold Corp. (TSX:CGT) (OTCQX:CGTFF) has
granted an aggregate of 5,000,000 incentive stock options to
certain officers, directors, employees and consultants to purchase
up to 5,000,000 common shares in the capital of Columbus. The
incentive stock options have an exercise price of $0.48 per share,
calculated using the 20-day volume weighted average price, which
was based on the closing price on February 15, 2018. The
stock options expire on February 16, 2023. As a result of
this stock option grant, Columbus now has 7,695,000 stock options
issued and outstanding, which represents 4.85% of the issued and
outstanding common shares of Columbus.
About Columbus GoldColumbus is a leading gold
exploration and development company operating in French Guiana,
France. Columbus holds a major interest in the world-class Montagne
d'Or gold deposit in French Guiana. A Feasibility Study for
Montagne d'Or was filed in May 2017 and the permitting process is
currently underway.
ON BEHALF OF THE BOARD,
Robert F. Giustra Chairman
For more information contact:Investor
Relations(604) 634-0970 or1-888-818-1364info@columbusgold.com