21:07:44 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Savary Gold Corp
Symbol SCA
Shares Issued 171,793,284
Close 2017-01-20 C$ 0.09
Market Cap C$ 15,461,396
Recent Sedar Documents

Savary grants options to buy two million shares

2017-01-20 20:09 ET - News Release

Mr. Don Dudek reports

SAVARY GRANTS STOCK OPTIONS

Savary Gold Corp. has granted a total of two million stock options to various officers, directors and consultants. The options may be exercised at a price of nine cents per common share for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange.

About Savary

Savary is a Canadian exploration company which, along with anticipated joint venture partner Sarama Resources Ltd., is focused on exploring and developing the Karankasso gold project in Burkina Faso. The project is located within the Birimian-age Hounde greenstone belt, which hosts Semafo's Mana mine, Roxgold's Yaramoko mine and additional gold deposits that are currently subject to production decisions and extensive exploration efforts (including Endeavour Mining's Hounde project, Orezone's (acquired by Sarama) Bondi project and Sarama's/Acacia's South Hounde project, which is adjacent to Savary's property). The project contains an inferred open-pit constrained mineral resource estimate of 9.16 million tonnes grading 2.28 grams per tonne gold (Savary news release dated Nov. 24, 2015).

Don Dudek, PGeo, president and chief executive officer of the company, a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

We seek Safe Harbor.

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