Bison Gold Resources Inc. Announces Changes to its Board of Directors and Awards Stock Options

Bison Gold Resources Inc. Announces Changes to its Board of Directors and Awards Stock Options

ID: 145221

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 05/10/12 -- Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE: BGE) is pleased to announce the appointment of Mr. Amir Mousavi to the Board of Directors of the Company. Mr. Mousavi replaces Mr. Borys Chabursky, of whom, effective May 10, 2012 has resigned from the Company's Board of Directors.

Mr. Mousavi currently holds the role of V.P. Corporate Development and Chief Financial Officer with Bison Gold Resources Inc. He has worked in the investment industry for both multi-national asset management companies and public TSX Venture companies since 1997 in the areas of accounting, sales management and marketing. Mr. Mousavi also has specific management experience with several small to mid capitalization companies in the mining and construction sectors assisting with financings, debt restructuring and corporate development.

Mr. Lucas Ewart, President & CEO of Bison Gold stated, "We are excited to add Mr. Mousavi to the Board and his continued dedication and enthusiasm to grow the Company" Mr. Ewart also added "We thank Mr. Borys Chabursky for his contributions during his tenure as a member of the Company's Board of Directors, we wish him all the best in his future endeavors."

In addition, the Company announces that under the Company's Stock Option Plan (the "Plan"), the Board of Directors of Bison Gold granted to Directors, Officers and a Consultant of the Company incentive stock options to purchase an aggregate of 100,000 common shares of the Company at an exercise price of $0.16 per share, 75,000 common shares at an exercise price of $0.35 per share and 425,000 common shares at an exercise price of $0.36 per share all expiring on May 10, 2017. The incentive stock options are subject to acceptance by the TSX Venture Exchange. The number of shares reserved for issuance under the Plan is 8,569,712 of which 5,419,167 have been granted under the Plan.

About Bison Gold




Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba, Canada. Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. Further details can be found on Bison Gold's website at .

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.



Contacts:
Bison Gold Resources Inc.
Mr. Lucas Ewart
President & CEO
(416) 488-2590

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 10.05.2012 - 16:22 Uhr
Sprache: Deutsch
News-ID 145221
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TORONTO, ONTARIO



Kategorie:

Mining & Metals



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