TSX-V:ELY
VANCOUVER, Aug. 18, 2016 /CNW/ - Ely Gold & Minerals Inc.
("Ely Gold") announces that,
pursuant to its Stock Option Plan, it has granted incentive stock
options to certain directors, officers, and consultants of the
Company to purchase up to an aggregate of 1,350,000 common shares
in the capital stock of the Company. The options are
exercisable at a price of $0.15 per
common share and will expire on August 18,
2026.
About Ely
Gold
Ely Gold is
focused on developing recurring cash flow streams through the
acquisition, consolidation, enhancement, and resale of highly
prospective, un-encumbered North American precious metals
properties. Ely's property development efforts maximize each
property's potential for acquisition, while reserving significant
royalty interests. Additional information about Ely Gold is available at the Company's website,
at www.elygoldinc.com
On Behalf of the Board of Directors
Signed "Trey Wasser"
Trey
Wasser, President & CEO
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.
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes,
etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements.
SOURCE Ely Gold & Minerals
Inc.