Gossan Grants Stock Options
March 14 2014 - 8:30PM
Marketwired Canada
Gossan Resources Limited (TSX VENTURE:GSS)(Frankfurt/Freiverkehr & Xetra:WKN
904435) has awarded 700,000 incentive stock options to officers, directors and
employees of the Company. This grant of options is in compliance with the terms
of the Company's Stock Option Plan and remains subject to the acceptance of the
TSX Venture Exchange.
Five officers and directors were granted a total of 660,000 stock options:
220,000 options exercisable at $0.05 per share with an expiry of March 16, 2015;
and 440,000 options exercisable at $0.08 per share with an expiry of March 15,
2016. This grant of options was awarded after the close on March 14, 2014.
Gossan Resources Limited is engaged in mineral exploration and development in
Manitoba and northwestern Ontario. It has a well-diversified portfolio of
properties hosting gold, platinum group and base metals, as well as the
specialty and minor metals, vanadium, titanium, tantalum, lithium and chromium.
The Company also has a large deposit of magnesium-rich high-purity dolomite.
Gossan participates in the frac sand industry though an equity interest in Claim
Post Resources, property payments, and a significant production royalty. The
Company trades on the TSX Venture and the Frankfurt/Freiverkehr & Xetra
Exchanges and has 33,170,400 common shares outstanding.
Neither 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 news release.
For further information, please bookmark www.gossan.ca and www.theclaimsnetwork.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Gossan Resources Limited
Douglas Reeson
Chairman & CEO
(416) 533-9664
info@gossan.ca
www.gossan.ca
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