Reno, NV - NuLegacy Gold Corporation reports that at its annual general meeting held on January 30, 2014, Albert J. Matter, Roger C. Steininger, James E. Anderson, Petra Decher and Arv Gupta were elected as directors of the Company for the ensuing year. The shareholders ratified and approved an amendment to the Company's "fixed" stock option plan increasing the total number of shares issuable thereunder from 11,500,000 shares to 15,500,000 shares.
In conjunction with the increase and subject to acceptance by the TSX Venture Exchange stock options were granted to executive officers, directors and consultants of the Company to purchase up to an aggregate of 2,700,000 shares at a price of $0.15 per share for a period of five years.
We anticipate providing a corporate update and outlook mid-February and the details of the 2014 exploration program (scheduled to commence end-March) in mid-March.
NuLegacy Gold Corporation is a Nevada based exploration company focused on delineating the near-surface Iceberg oxide gold deposit. The Iceberg is located on 60 square km optioned from Barrick Gold Corporation in the heart of the prolific Cortez trend of Nevada. It has geology similar to that of Barrick Gold's adjacent on-going multi-million ounce Goldrush gold discovery.
ON BEHALF OF THE BOARD OF DIRECTORS OF NULEGACY GOLD CORPORATION
James E. Anderson, Chief Executive Officer
For further information please phone 604-638-4959 or contact James Anderson at firstname.lastname@example.org, Albert Matter at email@example.com or Roger Steininger, COO at firstname.lastname@example.org; or visit our website at www.nulegacygold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
NuLegacy Gold Reports On Annual General Meeting
- Grants Options -