Emgold Obtains DTC Eligibility and Grants Options

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[{"type":"text","content":"Emgold Obtains DTC Eligibility and Grants OptionsVANCOUVER, BC / ACCESSWIRE / January 30, 2020 / Emgold Mining Corporation (TSXV:EMR)(OTC:EGMCF)(FSE:EMLM) (\"Emgold\" or the \"Company\") announces that it has secured eligibility by the Depository Trust Company (\"DTC\") for its common shares which trade on the OTC Markets in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC eligibility permits shares of Emgold to be distributed, settled, and serviced through DTC's automated processes, leveraging the efficiencies created through the electronic clearing and settlement of securities. DTC services provide cost benefits for investors and brokers trading Canadian securities in the United States.Grant of Stock OptionsEmgold announces the grant of 3.0 million incentive stock options (the \"Options\"), pursuant to its Stock Option Plan, to directors, officers, employees, and consultants of the Company. The Options are exercisable at a price of C$0.09 per common share of the Company for a period of 5 years from the date of grant. Any common shares to be issued upon the exercise of the Options will be subject to a statutory four-month hold period from the date of the issuance. The Option grant is subject to the approval of the TSX Venture Exchange.Amended Filing with TSX Venture ExchangeIn addition, further to a news release dated May 10, 2019, the Company wishes to report that, due to a clerical error in the original submission, it has amended its filing with the TSX Venture Exchange with respect to the number of units issued in relation to the closing of the second, and final tranche, of a flow through private placement (the \"FT Financing\"). The Company issued 1,552,500 units at a price of CDN$0.20 per unit for gross proceeds of $310,500. In relation to the first tranche of the FT Financing, which closed and was announced in a news release on April 5, 2019, the Company issued 1,275,000 units at a price of CDN$0.20 per unit for gross proceeds of $255,000. The aggregate gross proceeds of both tranches of the FT Financing were CDN$565,500 and the Company issued an aggregate total of 2,827,500 units.Shares for Services AgreementThe Company announces that it has entered into a Shares for Services Agre...

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