Cosigo Appoints Richard Hughes and Releases Preliminary Results

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[{"type":"text","content":"Cosigo Appoints Richard Hughes and Releases Preliminary Results\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n August 10, 2023 –\n \n \n TheNewswire\n-\n \n \n Cosigo Resources Ltd. (NEX:CSG.\n \n \n H\n \n \n ) today announced the appointment\nof\n \n \n \n Richard\nHughes\n \n \n \n as Technical Advisor to the\nCompany, has issued some stock options to key personnel, and discloses\nlatest prospecting channel sample results.\n \n \n \n \n Mr. Hughes is best known for his prominent role in the\ndiscovery of one of the world’s richest gold mines, the Golden Giant\n(Hemlo Mine) in Ontario, Canada.  The original ore bodies contained\n21 million oz of gold (84 million tons at 7.7 gpt Au.)\n \n \n \n \n \n Robert Collawn\n \n \n \n , CEO of Cosigo stated:\n \n \n \"We are delighted to have a highly\nrespected explorer like Mr. Hughes join us as a Technical Advisor. His\ngeological and vast financial experience in the mining exploration\nindustry, and his impressive track record of discovery will be great\nassets to us as we advance our projects in Nevada, Brazil, Canada and\nthe Taraira Gold Belt in Colombia.\"\n \n \n \n \n In connection with today's appointment, pursuant to the\nterms and conditions of the Company's stock option plan, Cosigo has\ngranted Mr. Hughes stock options for the purchase of up to 200,000\ncommon shares in the capital of the Company at a price of $0.05 for a\nfive year period. The option grant is subject to TSX Venture\napproval.\n \n \n \n \n Cosigo would also like to announce that 6,200,000\nincentive options were granted to certain directors, officers,\nemployees and consultants of the Company, including Mr. Richard Hughes\nabove, in accordance with its 10% rolling Stock Option Plan.  The\noptions vest immediately, expire five years from the grant date of\n[August 10, 2023] and are exercisable into one common share of the\nCompany at a price of $0.05 per share.   The option grant is subject\nto TSX Venture approval.\n \n \n \n \n Finally Cosigo wishes to share its latest results from\n14 channel samples taken along a 1019 meter strike on the Taraira\nproject. These are considered at best prospection quality for\ninformation purposes only. The channels are the first in what will\nbecome the profiling of one of the known conglomerate layers in the\ncompa...

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