Sky Announces Option Grant

Rhea-AI Summary

Sky Gold Corp. (OTC PINK:SRKZF) has granted up to 1.75 million stock options to its directors and consultants. These options are exercisable at $0.12 per share for one year. This move is in line with the company's stock option plan, aimed at incentivizing key personnel. Sky Gold Corp. focuses on acquiring and advancing mineral properties globally. The announcement emphasizes the company’s commitment to its operational strategy while ensuring that the management team is motivated to drive company growth.

Positive

• Granting 1.75 million stock options may incentivize directors and consultants.
• Options issued at a relatively low exercise price of $0.12 per share could attract talent.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / March 9, 2021 / Sky Gold Corp. (TSXV:SKYG)(OTC PINK:SRKZF)("Sky Gold Corp." or the "Company") announces it has granted a total of up to 1.75 million stock options to directors and consultants of the company exercisable at a price of $0.12 per share for a period of one year from the date of grant. The options have been granted in accordance with the company's stock option plan.

About Sky Gold Corp.

Sky Gold Corp. is a junior mineral exploration company engaged in acquiring and advancing mineral properties globally.

ON BEHALF OF THE BOARD

"Mike England"
Mike England, CEO&DIRECTOR

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995
Toll Free: 1-888-945-770

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: Sky Gold Corp.

View source version on accesswire.com:
https://www.accesswire.com/634539/Sky-Announces-Option-Grant

FAQ

What is the latest news for Sky Gold Corp. (SRKZF)?

Sky Gold Corp. announced the granting of up to 1.75 million stock options to directors and consultants on March 9, 2021.

What is the exercise price for the stock options granted by Sky Gold Corp.?

The stock options are exercisable at a price of $0.12 per share.

How long are the stock options valid for Sky Gold Corp.?

The stock options are valid for one year from the date of grant.

Who is the CEO of Sky Gold Corp.?

Mike England is the CEO and Director of Sky Gold Corp.