Randsburg Announces Stock Options
TORONTO, March 13,
2008 - Randsburg
International Gold Corporation (TSX-V:RGZ) announced today that,
pursuant to its stock option plan, the Company has agreed to grant a total
of 600,000 incentive stock options (the "Stock Options") to
officers, directors and consultants of the Corporation. Each Stock
Option entitles the holder thereof to acquire one (1) common share of the
Corporation at an exercise price of $0.35 per common share within 2 years
of the date of grant. Of the total of 600,000 Stock Options, 475,000
Stock Options have been granted to officers and directors, with the balance
having been granted to consultants. The grant of the Stock Options is
subject to all required regulatory approval.
About
Randsburg International Gold Corporation:
Randsburg International
Gold Corporation is a Canadian exploration company listed on the TSX
Venture Exchange (Symbol TSX-V: RGZ). The Company is engaged in exploring
for diamonds, titanium, iron, precious and base metals, and platinum group
metals (PGMs) in Brazil,
Canada and Idaho. The Company
has three active exploration projects.
1.
Victory Strike diamond project in Brazil - 85% owned;
2.
Titan Project (iron-titanium-vanadium) in Northern
Ontario - 100% owned; and
3.
Empire Project (copper-gold-silver-zinc)-Idaho – a 50% owned Joint Venture.
On behalf of the Board of Directors of Randsburg International Gold Corp.
"Michael Opara",
President and Chief Executive Officer
E-mail:
info@randsburginternational.com
Website:
www.randsburginternational.com
The TSX Venture
Exchange does not accept responsibility for the adequacy or accuracy of
this release.
Copyright, 2008 Randsburg
International Gold Corporation. This news release can be reproduced and
retransmitted in whole, with no changes permitted of any kind, including
headlines, or the addition of any headlines or other material, and
providing it is supplied and made available without charge to the end
reader.
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