High Desert Gold Grants Incentive Stock Options
April 29 2011 - 6:51PM
Marketwired
High Desert Gold Corporation (the "Company") (TSX VENTURE:
HDG)(OTCQX: HDGCF) announces the grant of new incentive stock
options to acquire 850,000 common shares of the Company to certain
directors, senior officers and employees of the Company and its
subsidiaries having a term of five years and an exercise price of
$0.495 per share. The 225,000 options granted to non-management
directors vested immediately. The 625,000 options granted to
officers and employees vest as to one-third immediately and to
one-third on the first and second anniversary of the date of grant.
All options are otherwise subject to the terms of the Company's
stock option plan.
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.
Contacts: High Desert Gold Corporation Richard Doran Executive
Vice President, Investor Relations (303) 584-0606 (303) 758-2063
(FAX) rdoran@hdggold.com
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