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Aurvista Gold Corporation Board Announces Grant of Incentive Options
MONTREAL, QC / ACCESSWIRE / July 13, 2016 / Aurvista Gold Corporation ( TSXV: AVA ) (" Aurvi...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Aurvista Gold Corporation Board Announces Grant of Incentive OptionsMONTREAL, QC / ACCESSWIRE / July 13, 2016 / Aurvista Gold Corporation (TSXV: AVA) (\"Aurvista\" or the \"Company\") wishes to inform its shareholders that the Board of Directors on Monday July 11, 2016 approved the issuance of 300,000 incentive options to Sean Charland, a new director. The options have an exercise price of $0.24 per share, and a term of 5 years. The stock options will be subject to a vesting schedule with 1/4 to vest immediately and 1/4 to vest on each anniversary of the grant date until the options are fully vested.\nThe Company would also like to announce on July 11, 2016 it had agreed in principal to a promotional activities consulting agreement with Fallon Capital. The promotional activities service agreement is subject to the approval of the TSX Venture Exchange. The consideration for the services provided is the issuance of 500,000 incentive options. The options have an exercise price of $0.24 per share and a term of 5 years. The stock options will be subject to a vesting schedule with 1/4 to vest immediately and 1/4 to vest on each anniversary of the grant date until the options are fully vested. The consulting agreement is subject to the approval of the TSX Venture Exchange.\nAbout Aurvista Gold Corp.\nAurvista Gold Corporation is a junior gold exploration and development company with 85,689,121 shares outstanding trading on the TSX Venture Exchange in Canada and OTC Pink Sheets in the U.S. Aurvista's only asset is the Douay Gold Project totaling 287 claims for 145.3 km2. Of the total, 32 claims for 11.9 km2 form the North West Zone and are in a joint venture with SOQUEM (75% Aurvista, 25% SOQUEM). The project is located along the gold-bearing Casa Berardi Deformation Zone in northern Quebec.\nDetails of the Douay Gold Project can be viewed on the Company's website at www.aurvistagold.com\nTHIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.\nFor further information please contact:\nMr. Jean Lafleur, P. Geo.\nPresident and CEO, Director\nCell +1 514 927 3633\nFacsimile +1 416 504 4129\nMr. Bryan Keeler\nChief Financial Officer\n+1 416 504 4126\nNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE ...