Terraco Gold Corp. Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Terraco Gold Corp. (TSX VENTURE:TEN) ("Terraco" or the "Company") is pleased to announce that, pursuant to its Stock Option Plan and subject to regulatory acceptance, it has granted an aggregate total of 4,050,000 incentive stock options to certain directors, officers, employees and consultants of the Company, subject to certain vesting provisions. These options will be exercisable at a price of $0.12 per common share and will expire on November 26, 2020.
About Terraco Gold
Terraco is a junior mining company with a gold asset portfolio that includes a gold royalty and royalty options on the Spring Valley (Nevada) project, which is currently a joint venture operated by Barrick Gold Corporation with over USD$70 million spent at the project to date. Terraco also controls over 35 sq kms of early-stage exploration potential (the Moonlight Project) adjoining the Spring Valley joint venture to the north. In addition, Terraco has an advanced-stage gold project in Idaho which has disclosed a mineral resource estimate in compliance with National Instrument 43-101.
Terraco is listed on the TSX Venture Exchange under the symbol "TEN". Please visit Terraco's website at www.terracogold.com for additional information.
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 release.
President and CEO
(604) 682-3860 (FAX)
Toll free: 1 877 792-6688 Ext 2