Winston Gold Grants Stock Options

Rhea-AI Summary

Winston Gold Corp. (CSE:WGC, OTCQB:WGMCF) announced on May 27, 2021, that its Board of Directors has granted 5,250,000 incentive stock options to directors, officers, and consultants. These options allow purchasing common shares at an exercise price of $0.10 and will expire on May 26, 2026. The company, focused on advancing high-grade, low-cost mining opportunities, has acquired the Winston Gold project near Helena, Montana, which remains underexplored.

Positive

• Grant of 5,250,000 stock options could align management incentives with shareholder interests.
• Focus on advancing high-grade, low-cost mining opportunities potentially enhances future revenue prospects.

Negative

• None.

WINNIPEG, MB / ACCESSWIRE / May 27, 2021 / Winston Gold Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(OTCQB:WGMCF) announces the Board of Directors of the Corporation has granted a total of 5,250,000 incentive stock options to certain directors, officers and consultants of the Corporation to purchase a total of 5,250,000 common shares at an exercise price of $0.10. The options expire on May 26, 2026.

About Winston Gold
Winston Gold is a junior mining company focused on advancing high-grade, low-cost mining opportunities into production. Towards that end, the Corporation has acquired an underexplored and under-exploited gold/silver mining opportunity, being the Winston Gold project near Helena, Montana.

ON BEHALF OF THE BOARD OF DIRECTORS OF THE CORPORATION

For further information, please contact:
Murray Nye, Chief Executive Officer
Suite 201-919 Notre Dame Avenue
Winnipeg, Manitoba, R3E 0M8 Canada
Telephone: (204) 989-2434
E-mail: murray@winstongold.com

The CSE has neither approved nor disapproved the information contained herein.

SOURCE: Winston Gold Corp.

View source version on accesswire.com:
https://www.accesswire.com/649529/Winston-Gold-Grants-Stock-Options

FAQ

What are the details of the stock options granted by Winston Gold Corp?

Winston Gold Corp. granted 5,250,000 incentive stock options with an exercise price of $0.10, expiring on May 26, 2026.

What is the focus of Winston Gold Corp?

Winston Gold Corp. focuses on advancing high-grade, low-cost mining opportunities, specifically the Winston Gold project near Helena, Montana.

What is the significance of the stock options granted to directors and officers?

The stock options align incentives between management and shareholders, potentially driving performance and value creation.