TORONTO, ONTARIO--(Marketwire - Oct. 2, 2012) - Brigadier Gold Limited (TSX VENTURE:BRG) (FRANKFURT:B7LN) (the "Company") announced today that it has granted an aggregate of 3,100,000 stock options at an exercise price of $0.15 per share, all of which were granted to directors, officers or consultants of the Company.
The 3,100,000 options have a term of 5 years with immediate vesting (except for certain of the grantees where vesting restrictions apply in accordance with applicable regulatory requirements). There are currently 5,816,940 shares reserved for issuance under the Company's stock option plan. Brigadier Gold Limited trades on the TSX Venture Exchange under the symbol BRG and has 59,644,303 common shares outstanding.
This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Brigadier, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Brigadier's expectations are disclosed under the heading "Risk Factors" and elsewhere in Brigadier's documents filed from time-to-time with regulatory authorities.
The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.