Press Release
TORONTO, Sept. 27, 2019 – 1911 Gold Corporation (TSXV: AUMB) (“1911 Gold” or the “Company”) announces that it has granted a total of 470,000 options to purchase common shares of the Company to directors pursuant to the Company’s Share Option Plan. Such options have an exercise price of $0.30 per common share and expire on September 27, 2024. The options vest as to one-third immediately and one-third after the first and second anniversaries of the date of grant.
ABOUT 1911 GOLD CORPORATION
1911 Gold is a junior gold producer and explorer that owns the True North mine and mill complex and is currently reprocessing historic tailings on a seasonal basis. In addition to operating the True North mill in Bissett, Manitoba, 1911 Gold holds approximately 53,000 hectares of highly prospective land within and adjacent to the Rice Lake greenstone belt. 1911 Gold believes its land package is a prime exploration opportunity, with potential to develop a mining district centred on its True North facility. The Company also owns the Tully project near Timmins, Ontario, and intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America.
1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation in order to build mutually beneficial working relationships.
ON BEHALF OF THE BOARD OF DIRECTORS
Ron Clayton
President and CEO
IBF4
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