(TheNewswire)
Vancouver, BC - TheNewswire - October 5, 2020. NewCarolin Gold Corp ("New Carolin" or the "Company")(TSXV: LAD ) and ( OTC:LADFF) announcesthat, pursuant to its stock option plan, incentive stock options havebeen granted entitling the holders to purchase up to 2,600,000 sharesof the Company at an exercise price of $0.06 per share. The optionsvest immediately and can be exercised for a period of five years,effective October 6, 2020.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior companyfocused on the exploration, evaluation and development of our 100%owned property consisting of 144 square kilometers of contiguousmineral claims and crown grants, collectively known as the"Ladner Gold Project" (Project). The Project is locatednear Hope, BC in the prospective and under-explored Coquihalla GoldBelt, which is host to several historic small gold producers includingthe Carolin Mine, Emancipation Mine and Pipestem Mine, and numerousgold prospects.
For additional information, please visit the Company'swebsite at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Kenneth R. Holmes"
President
Toll Free: 1(855) 891-9185
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com
This news release does not constitute an offer to sellor a solicitation of an offer to buy any of the securities in theUnited States. The securities have not been and will not be registeredunder the United States Securities Act of 1933, as amended (the"U.S. Securities Act") or any state securities laws and maynot be offered or sold within the United States or to U.S. Personsunless registered under the U.S. Securities Act and applicable statesecurities laws or an exemption from such registration isavailable.
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or theaccuracy of this press release.
Caution concerning forward-looking information
This news release may contain forward-lookingstatements that are based on the Company's expectations, estimates andprojections regarding its business and the economic environment inwhich it operates. These statements are not guarantees of futureperformance and involve risks and uncertainties that are difficult tocontrol or predict. Therefore, actual outcomes and results may differmaterially from those expressed in these forward-looking statementsand readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made and theCompany undertakes no obligation to update them publicly to reflectnew information or the occurrence of future events or circumstances,unless otherwise required to do so by law.
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