Mr. George Drazenovic reports
ST. JAMES GOLD GRANTS OPTIONS
St. James Gold Corp. has granted a total of 470,712 stock options to its directors, officers and
consultants. The options were granted at a price of 36 cents per share and are exercisable for a period of
two years from the date of grant.
The options are subject to an exchange hold period. The securities to be issued will be subject to a hold
period of four months under the rules of the TSX Venture Exchange and applicable securities laws.
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