GOLDSOURCE MINES INC GXSFF
GOLDSOURCE MINES INC GXSFF
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Type: Stocks
Ticker: GXSFF
ISIN: CA38153U1084

DGAP-News: Goldsource Announces Grant of Stock Options

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DGAP-News: Goldsource Mines Inc. / Key word(s): Miscellaneous
Goldsource Announces Grant of Stock Options

24.12.2019 / 19:05
The issuer is solely responsible for the content of this announcement.


Vancouver, British Columbia--(Newsfile Corp. - December 24, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") announces the grant of stock options to directors, officers, employees and consultants exercisable for 4,000,000 common shares of the Company at a price of $0.06 per share for a five year term expiring December 23, 2024. A 12-month vesting schedule will apply to stock options exercisable for 150,000 common shares pursuant to which 25% of the options shall vest on March 23, 2020 and a further 25% shall vest every 3 months thereafter until fully vested.

ABOUT GOLDSOURCE MINES INC.

Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company working aggressively to develop its advanced-stage, 100%-owned Eagle Mountain saprolite and hard-rock gold project in Guyana, South America. From 2016 to 2017, through a gravity pilot plant initiative, the Company completed testing on gravity-only gold production and both dry and wet mining open-pit techniques. Goldsource is now focused on delivering feasibility studies to achieve large-scale gold production at Eagle Mountain. Goldsource is led by an experienced management team, proven in making exploration discoveries and in project construction.

Ioannis (Yannis) Tsitos
President
Goldsource Mines Inc.

For Further Information:

Goldsource Mines Inc.
Contact: Ioannis (Yannis) Tsitos, President
Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1760
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1760 (Canada & USA)
Email: [email protected]
Website: www.goldsourcemines.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/51073

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News Source: Newsfile


24.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Goldsource Mines Inc.
Canada
ISIN: CA38153U1084
EQS News ID: 943561

 
End of News DGAP News Service

943561  24.12.2019 

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