DG - Dixie Gold Inc. - Stock Option Grant
(TheNewswire)
Vancouver, British Columbia – TheNewswire - April 9, 2024 – Dixie Gold Inc. (TSX VENTURE: DG)(“ Dixie Gold ” or the“ Corporation” ) reports that further to the Corporation’s incentive stock optionplan (the “Plan”) it has today granted anaggregate of 1,125,000 incentive stock options to directors andmanagement of the Corporation (the “Incentive Stock OptionGrant”).
The options issued under the Incentive Stock Option Grant have an exercise price of $0.06,a re exercisable for a period of 60 months, vestimmediately and will be subject to the policies of the TSX VentureExchange and the terms of the Plan.
Subsequent to the Incentive Stock Option Grant, theCorporation now has 1,450,000 incentive stock options issued under itscurrent 3,073,718 option pool limit (such limit set by the Plan at arolling 10% of common shares outstanding).
Dixie Gold has 30,737,188 common shares issued as atthe date hereof.
About Dixie GoldInc.
Dixie Gold Inc. (TSXV: DG) is a publicly tradedexploration company holding a portfolio of exploration projects inCanada. For more information, please visit www.dixiegold.ca
Signed,
Ryan Kalt
Chief Executive Officer
Dixie Gold Inc.
Forward-Looking Statements
This press release contains forward-looking statementswithin the meaning of Canadian securities laws. Some of theforward-looking statements can be identified by the use offorward-looking words. Statements that are not historical in nature,including the words "anticipate," "expect,""suggest," "plan," "believe,""intend,", “intention” "estimate,""target," "project," "should,""could," "would," "may,""will," "forecast" and other similar expressionsare intended to identify forward-looking statements. Theseforward-looking statements generally include statements that arepredictive in nature and depend upon or refer to future events orconditions.
Without limitation, these statements are"forward-looking" because they are based on our currentexpectations about the markets we operate in and on various estimatesand assumptions. Actual events or results may differ materially fromthose anticipated in these forward-looking statements if known orunknown risks affect our business and transactions, or if ourestimates or assumptions turn out to be inaccurate.
Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.
Contact Info:
Ryan Kalt
Chief Executive Officer
Dixie Gold Inc.
T: 604.687.2038
E. info@dixiegold.ca
W. www.dixiegold.ca
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