RENO, NV / ACCESSWIRE / August 18, 2016 / Renaissance Gold Inc. (TSXV: REN)("RenGold" or the "Company") reports that the Directors today granted stock options on a total of 875,000 common shares exercisable for up to five years at a price of C$0.57 per share being the closing price of RenGold's common shares on the day prior to grant. The options granted will be subject applicable regulatory hold periods. The options will vest one-third in six months and one-third each six months after.
About Renaissance Gold Inc.
Renaissance Gold Inc. is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. RenGold's objective is to place the projects in exploration earn-in agreements with industry partners who provide exploration funding. RenGold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.
Renaissance Gold Inc.
By: Ronald L. Parratt, President and CEO
For further information, contact:
Ronald L. Parratt
775-337-1545 or [email protected]
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.
SOURCE: Renaissance Gold Inc.