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Download this Press Release (PDF 197 KB)
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TORONTO, ONTARIO -- (Marketwired - August 20, 2015) - Dalradian Resources Inc. (TSX:DNA /AIM:DALR) ("Dalradian" or the "Company") announces that today the Company issued 500,000 stock options to its two recently appointed directors, Patrick Downey and Jim Rutherford. The stock options were issued in accordance with Dalradian's Stock Option Plan, are exercisable into common shares of Dalradian at $0.90 (being the closing price on the Toronto Stock Exchange on August 19, 2015) over a five-year term and vested immediately.
The following table provides a breakdown of the stock options issued to each director:
Director
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Stock options issued
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Total stock options
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Patrick Downey
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250,000
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250,000
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Jim Rutherford
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250,000
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250,000
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Total
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500,000
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500,000
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About Dalradian
Dalradian Resources Inc. is a gold exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom. The Company is in the midst of a work program in support of a planning (permitting) application in 2016 for construction of an operating mine at Curraghinalt. Components of the program include a feasibility study, an environmental impact assessment, infill drilling and underground exploration (885 metres of development with two test stopes).
For more information, please contact:
Dalradian Resources Inc.
Marla Gale
Vice President, Communications
+1 416 583 5622
[email protected]
Canaccord Genuity Limited (Nominated Adviser and Broker)
Henry Fitzgerald-O'Connor / Oliver Donaldson
+44 20 7523 8000
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Dalradian Resources Inc.
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CODE : DNA.TO |
ISIN : CA2354991002 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Dalradian Resources is a gold development stage company based in Canada. Dalradian Resources is listed in Canada. Its market capitalisation is CA$ 365.4 millions as of today (US$ 277.6 millions, € 239.7 millions). Its stock quote reached its highest recent level on October 08, 2010 at CA$ 2.75, and its lowest recent point on October 31, 2014 at CA$ 0.46. Dalradian Resources has 250 240 000 shares outstanding. |