Golden Band Resources Inc. (GBRIF: OTCQX International) | Golden Band grants options

TSX.V: GBN    OTCQX:  GBRIF

SASKATOON, Dec. 3, 2013 /CNW/ – Golden Band Resources Inc. (“Golden
Band” or the “Company”) (TSX.V-GBN; OTCQX-GBRIF) announces that
pursuant to its Incentive Stock Option Plan, it has granted incentive
stock options to directors, officers, employees and consultants of the
Company to purchase up to an aggregate of 8,550,000 common shares in
the capital stock of the Company.  The options vest in 50% increments
with half vesting immediately and the balance vesting in 12 months from
date of grant. The options are exercisable at a price of $.07 per share
for a period of five years from the date of grant.

About Golden Band

Golden Band Resources Inc. is a gold producer operating in the La Ronge
Gold Belt in northern Saskatchewan and is listed on the TSX Venture
Exchange in Canada under the symbol GBN and traded in the United States
on the OTCQX under the symbol GBRIF. Commercial production was declared
on April 1, 2011. The Company has been actively exploring the La Ronge
Gold Belt since 1994 and has assembled a land package of 870 km2, including 13 known gold deposits and four former producing mines,
being Jolu, Decade, Star Lake and Komis. The Company plans to undertake
aggressive drill programs throughout the La Ronge Gold Project with the
goal of significantly expanding the existing NI 43-101 gold resources
that have been identified to date.

On behalf of the Board of Directors of Golden Band Resources Inc.,

“Paul Saxton”
Paul Saxton, CEO

Caution Regarding Forward-Looking Information and Statements
This news release includes certain forward-looking statements or
information. All statements other than statements of historical fact
included in this release, including, without limitation, statements
regarding the future production plans of Golden Band Resources Inc.
(Company) 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 the Company’s
plans or expectations include risks relating to the actual results of
operations, current exploration activities, fluctuating gold prices,
possibility of equipment breakdowns and delays, cost overruns, general
economic, market or business conditions, regulatory changes, timeliness
of government or regulatory approvals and other risks detailed herein
and from time to time in the filings made by the Company. The Company
makes all reasonable efforts to update its corporate information on a
timely basis.

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.

SOURCE Golden Band Resources Inc.

Article source: http://www.otcmarkets.com/stock/GBRIF/news?id=72510

Leave a Reply

WP2FB Auto Publish Powered By : XYZScripts.com
Bunk Beds