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King's Bay Gold Corporation (TSX.V: KBG) announces that it has granted on December 30th, 2011 a total of 3,000,000 incentive stock options to Directors / Officers / Consultants for the purchase of up to 3,000,000 common shares of the Corporation at a price of $0.10 per share expiring December 29th, 2016 subject to the approval of the TSX Venture Exchange Inc.
About King's Bay Gold
King's Bay Gold Corporation is an active Canadian mineral exploration and development company with mineral projects located in two of Canada's main gold camps - the Red Lake, ON and Rainy River, ON gold camps.
KBG Shares Outstanding: 97,101,913
King's Bay Gold Corporation
Kyle Picard
President & CEO and Corporate Secretary
(204)-253-4653
info@kingsbaygold.com
www.kingsbaygold.com
This news release includes certain forward-looking statements concerning the future performance of King's Bay Gold Corporation's business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. These forward-looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing and as described in more detail in the Company's recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking statements and readers are cautioned against placing undue reliance thereon.
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