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Roscan Gold Announce Option Grant

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Roscan Gold Corporation has granted 3,276,037 stock options to a director, allowing the purchase of common shares at $0.34 each, expiring on June 28, 2027. The options are subject to a four-month hold period. Roscan focuses on gold exploration in West Africa, owning significant permits near major gold mines, including B2 Gold's Fekola Mine. The company emphasizes its strong position in the gold sector and aims to advance its exploration initiatives.

Positive
  • Grant of 3,276,037 stock options indicates confidence in the company's future growth.
  • Roscan's land position includes permits in a notable gold-producing region.
Negative
  • None.

TORONTO, ON / ACCESSWIRE / June 28, 2022 / Roscan Gold Corporation ("Roscan" or the "Company") (TSX.V:ROS)(FSE:2OJ)(OTCQB:RCGCF) announces that it has granted 3,276,037 stock options to purchase common shares of the Company exercisable at a price of $0.34 per common share and expiring on June 28, 2027 to a director of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.

About Roscan

Roscan Gold Corporation is a well‐financed Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa.The Company has assembled a significant land position of 100%‐owned permits in an area of producinggold mines (including B2 Gold's Fekola Mine which is contiguous to the west of Kandiole), and major gold deposits,located both north and southof its Kandiole Projectin West Mali.

For further information, please contact:

Nana Sangmuah
President & CEO
Phone: (902) 832-5555
Email: info@roscan.ca

Forward Looking Statements

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

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: Roscan Gold Corporation



View source version on accesswire.com:
https://www.accesswire.com/706829/Roscan-Gold-Announce-Option-Grant

FAQ

What stock options did Roscan Gold Corporation grant on June 28, 2022?

Roscan Gold Corporation granted 3,276,037 stock options exercisable at $0.34 per share, expiring on June 28, 2027.

What is the significance of the stock options granted by Roscan Gold Corporation?

The stock options reflect management's confidence in the company's growth and align director interests with shareholder value.

What is the stock symbol for Roscan Gold Corporation?

The stock symbol for Roscan Gold Corporation is RCGCF.

Where is Roscan Gold Corporation focused on exploration?

Roscan Gold Corporation is focused on gold exploration in West Africa.

What is the expiration date of the stock options granted by Roscan Gold Corporation?

The stock options expire on June 28, 2027.

ROSCAN GOLD CORP

OTC:RCGCF

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24.68M
376.65M
12.1%
2.37%
Gold
Basic Materials
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United States of America
Toronto