Mr. Frank Basa reports
GRANADA GOLD MINE GRANTS STOCK OPTIONS
Granada Gold Mine Inc. has granted stock options to its directors, officers,
employees and consultants to purchase an aggregate of 7.2 million common shares in the capital of
the company. The stock options are exercisable for a term of five years at an exercise price of five cents
per share. All stock options are granted in accordance with the terms of the company's stock
option plan and the policies of the TSX Venture Exchange and may be subject to a hold period of
four months and one day.
About Granada Gold Mine Inc.
Granada Gold Mine (formerly Gold Bullion Development Corp.) is developing the Granada gold
property near Rouyn-Noranda, Que. The highly prolific Cadillac trend cuts through the north part of the property. The
Cadillac trend has been the source of more than 50 million ounces of gold produced in the past
century on a line running from Val d'Or to Rouyn-Noranda.
The company has obtained all necessary permits for the initial mining phase known as the rolling
start, for which stripping has already begun, and has been conducting exploration drilling
to expand the reported mineral resource for the property.
We seek Safe Harbor.
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