Winshear Grants 2,100,000 Incentive Stock Options
August 27 2024 - 1:00PM
Winshear Gold Corp. (TSX-V: WINS) (“Winshear” or
the “Company”) has granted 2,100,000 incentive stock options to
directors, officers, employees and consultants of the Company. The
options have an exercise price of $0.13 per share and expire on
August 27, 2029. The options vest on a quarterly basis over the
next 12 months.
Winshear’s Stock Option Plan allows for the
issuance of up to 10% of issued and outstanding share capital in
the form of incentive stock options. As a result of this grant, the
company has 2,100,000 options issued, representing 6.69% of the
issued and outstanding share capital of the Company. Of the
2,100,000 options granted, 2,050,000 were granted to Directors and
Officers of the Company.
About Winshear Gold Corp
Winshear Gold Corp. is a Canadian-based minerals
exploration company advancing the Gaban Gold Project in the Puno
region of Peru. Gaban is a possible hard-rock source for the
modern-day alluvial gold rush underway in the Madre de Dios basin,
located approximately 40km north of Gaban. The Company is preparing
to drill test the 2.2km x 1.1km Coritiri gold target at Gaban, with
drilling expected to commence in September 2024.
ON BEHALF OF THE BOARD OF
DIRECTORS
“Richard D. Williams”
Richard Williams
CEO & Director
For more information, please contact Irene
Dorsman at (604) 210-8751 or by e-mail at irene@winshear.com.
Neither the 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 release.
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