Skyline Announces Grant of Stock Options
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/02/10 -- Skyline Gold Corporation (the 'Company') (TSX VENTURE: SK) announced that with the addition of two members to its Board of Directors that it has granted an aggregate of 752,000 incentive stock options to the two new directors of the Company to purchase up to 752,000 common shares in the capital stock of the Company pursuant to a shareholder approved Share Option Plan.
Of the 752,000 options, 376,000 options were granted July 2, 2010 and are exercisable on or before July 2, 2015 at an exercise price of $0.17 per share and 376,000 options were granted August 31, 2010 and are exercisable on or before August 31, 2015 at an exercise price of $0.21 per share, subject to TSX Venture Exchange approval.
ON BEHALF OF THE BOARD OF DIRECTORS
SKYLINE GOLD CORPORATION
David Jensen, P.Eng., President
Cautionary Statement
Statements in this release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the Company can fulfil such forward-statements and the Company undertakes no obligation to update statements. Such forward looking statements are only predictions; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company's control.
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:
Skyline Gold Corporation
David Jensen, P.Eng.
President
604.270.3878
604.270.3858 (FAX)
www.skylinegold.com