Omai Announces Grant of Stock Options to a New Officer and Consultants

Omai Gold Mines Corp. (TSX.V: OMG) announces that, pursuant to its management transition, it has granted 1,650,000 incentive stock options to a new officer, employee and consultants. The incentive stock options have an exercise price of $0.13 per share for a five-year term expiring September 3, 2026.

Neither the 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.

About Omai Gold Mines Corp.

Omai Gold Mines Corp., through its wholly owned subsidiary Avalon Gold Exploration Inc., holds a 100% interest in the Omai Prospecting License covering 4,590 acres, that includes the past producing Omai gold mine. Once South America's largest producing gold mine, Omai produced over 3.7 million ounces of gold between 1993 and 2005. Mining ceased at a time when the average gold price was less than US$400 per ounce, leaving significant drilled resources untapped. The Company's short-term priorities are to verify and expand the known resources, while advancing exploration on nearby targets, providing a solid opportunity to create significant value for all stakeholders.

For further information, please see our website www.omaigoldmines.com or contact:

Elaine Ellingham
Interim CEO and Director
info@omaigoldmines.com
elaine@omaigoldmines.com
Phone: +1-416 473-5351


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Omai Gold Mines

Omai Gold Mines

Rebuilding the Success of the Historic Omai Gold Mine in Guyana

Rebuilding the Success of the Historic Omai Gold Mine in Guyana Keep Reading...
Gold and silver bars on scales over financial chart.

Editor's Picks: Gold, Silver Shrug Off Hot Inflation Data, Prices Bounce Back

The gold price dropped and then bounced back this week, sinking to around US$4,080 per ounce midway through the period before recovering.Silver put on a similar performance, sinking below US$56 per ounce.We'll get into what caused those declines in a moment, but before we do, I want to flag that... Keep Reading...
Gold bars with "5 Top Australian Mining Stocks" text overlay.

Top 5 Australian Mining Stocks This Week: Gwardar Resources Leads with Gain of Over 35 Percent

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, copper, helium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their... Keep Reading...
Dr. Mark Thornton: Gold, Silver's Next Leg — This "Engine" to Drive Prices?

Dr. Mark Thornton: Gold, Silver's Next Leg — This "Engine" to Drive Prices?

Dr. Mark Thornton, senior fellow at the Mises Institute, shares his outlook for gold and silver, laying out the factors that have been weighing on prices and commenting on what may kick off their next leg higher — in his view, the return of speculators could provide a boost. "Speculators we... Keep Reading...
A desert landscape with shrubs, old wooden structures and mountains under a partly cloudy sky.

Reviving the Walker Lane Trend — Nevada’s Next Golden Frontier

Nevada's Walker Lane Trend is rapidly becoming a prime target for mineral exploration, offering investors a unique blend of proven production history and untapped potential.This geological corridor along the California-Nevada border is experiencing a resurgence, driven by recent discoveries,... Keep Reading...
Two people in suits shake hands, agreeing to a deal.

SSR Mining Expands Nevada Footprint With Roxmore Purchase

SSR Mining (TSX:SSRM,NASDAQ:SSRM) will acquire Roxmore Resources (TSX:RM) in an all-cash transaction that expands its flagship Nevada footprint and solidifies its standing as the third-largest gold producer in the US.The deal centers on Roxmore’s Converse gold project, located just six... Keep Reading...
A stack of gold and black credit cards with a visible chip sit on a dark textured surface.

OneGold Launches Card to Spend Gold, Silver Anywhere

Vaulted precious metals platform OneGold announced the launch of a new Mastercard (NYSE:MA) that instantly liquidates users' gold and silver holdings at spot prices to fund everyday retail purchases and ATM cash withdrawals.The OneGold Card card was introduced alongside a full rebuild of the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News