Radius Gold Inc. - Stock Options
VANCOUVER,
Dec. 13, 2012 /CNW/ - Radius Gold
Inc. (TSX-V: RDU) announces that it has granted to its directors,
employees and consultants incentive stock options to purchase up to
an aggregate of 2,205,000 common shares of the Company exercisable
for ten years at a price of $0.20 per
share. The Company has also cancelled a total of 805,000
outstanding employee stock options.
About Radius
Radius has been exploring for gold in
Latin America for over a
decade. More recently the Company has focused on selling
non-core assets, thereby raising the capital needed to succeed in
making a discovery with potential to give investors the return
desired from a mineral exploration company.
ON BEHALF OF THE BOARD
"Simon Ridgway"
President and CEO
Investor relations: Jaclyn
Ruptash
Symbol: TSXV-RDU; OTCBB-RDUFF
Shares Issued: 86.6-million
Neither the TSX Venture Exchange nor the
Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy
or accuracy of this release.
Forward-Looking Statement
Some of the statements in this news release contain
forward-looking information that involves inherent risk and
uncertainty affecting the business of Radius Gold Inc. Actual
results may differ materially from those currently anticipated in
such statement.
SOURCE Radius Gold Inc.