Kilo Goldmines Announces Grant of Stock Options

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 12/18/14 -- Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 1,460,000 common shares to directors, officers, consultants and contractors of Kilo and its DRC subsidiaries under its Employee Stock Option Plan. Each option is exercisable for a five year period to acquire one common share at a price of $0.10 per share. The options vest as to 50% immediately and 50% on the one year anniversary thereof.

About Kilo

Kilo Goldmines Ltd. (KGL) is a Canadian gold exploration company, listed on the TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under the symbol '02K'. KGL holds exploitation and exploration licences covering some 3000 km2 of favourable Archean Kabalian Greenstone (the Ngayu belt) in the northeast Democratic Republic of Congo an area historically referred to as the Kilo-Moto region, a historic gold-producing region.

Incorporated within these licences are:

Additionally:

Neither 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:
Kilo Goldmines Ltd.
Michael Skead
Interim President and CEO
Tel: +1 (416) 867 8567
Email:
Website:

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Bereitgestellt von Benutzer: Marketwired
Datum: 18.12.2014 - 23:01 Uhr
Sprache: Deutsch
News-ID 360694
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contact information:
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TORONTO, ONTARIO

Kategorie:

Mining & Metals

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