Skyline Announces Grant of Stock Options
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/04/10 -- Skyline Gold Corporation (TSX VENTURE: SK) announces that subject to TSX Venture Exchange approval, it has granted 976,000 stock options to officers, directors, employees and consultants of the Company. The options are set for a period of 5 years, expiring on October 4, 2015, and will allow the holder to purchase a share in the Company at a price of $0.34. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from date of grant.
ON BEHALF OF THE BOARD OF DIRECTORS
SKYLINE GOLD CORPORATION
Clifford Grandison, Chairman
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 & Chief Operating Officer
604 270 3878
604 270 3858 (FAX)
www.syklinegold.com