TORONTO, Dec. 17, 2019 /CNW/ - Warrior Gold Inc. (TSX-V
- WAR) ("Warrior Gold" or the "Company") reports
that, pursuant to the terms and conditions of its incentive stock
option plan, an aggregate of 2,975,000 stock options to purchase
common shares of the Company have been granted to certain
directors, officers, contractors and consultants of the Company.
The options, which vest immediately, are exercisable for a period
of five years at a price of $0.10 per
share and are subject to TSX Venture Exchange approval.
About Warrior Gold Inc.
Warrior Gold is a TSX Venture Exchange-listed Company that owns
the Goodfish-Kirana Property located five km from the Town of Kirkland Lake, Ontario. The Property
is located in the historic Kirkland Lake
Gold Camp which is situated in the prolific Abitibi
Greenstone Belt, recognized as one of the world's highest grade
greenstone belts with over 200 million ounces of gold produced to
date.
The Goodfish-Kirana Property is 11.5 km long by roughly 3 km
wide (34 km2) and contains three major structural
trends: the east-west-trending Kirana Deformation Zone; the
northeast-trending Goodfish Deformation Zone; and the Victoria
Creek Deformation Zone on the recently acquired Sutton claims on the northeast side of the
property. The Property contains numerous historical gold showings,
as well as 18 historical pits and shafts.
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.
SOURCE Warrior Gold Inc.
