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Solvista Gold Announces Grant of Stock Options
June 23, 2015 2:22 PM EDT | Source: Rockcliff Metals Corp.
Toronto, Ontario--(Newsfile Corp. - June 23, 2015) - Solvista Gold Corporation (TSXV: SVV) (OTCQX: SVVZF) ("Solvista" or the "Corporation") announces the grant of a total of 2,400,000 stock options to certain officers and directors of the Corporation pursuant to the Corporation's incentive stock option plan. The stock options were granted effective June 22, 2015, exercisable at a price of $0.05 per common share and expire on June 22, 2020. The stock options vest as to one-third (1/3) on June 22, 2015, one-third (1/3) on June 22, 2016 and one-third (1/3) on June 22, 2017.
About Solvista
Solvista is a Canadian resource exploration company focused on discovery and resource growth of its high-quality mineral properties at its Snow Lake Project. Solvista presently controls the Snow Lake Project in central Manitoba, totalling in excess of 350 km2. The project includes two VMS high grade copper rich NI 43-101 Resources (T-1, Rail), two historic high grade VMS copper deposits (Lon and Talbot), the T-2 Copper Zone (Tower), numerous untested geophysical anomalies and several additional properties with VMS potential (Freebeth, Dickstone North). Solvista also owns a zinc-silver rich NI 43-101 Resource (Shihan) in Ontario. For more information, please visit the Rockcliff website at www.rockcliffresources.com.
Solvista also holds with two gold exploration projects, Caramanta and Guadalupe located in Colombia, South America. These two projects cover approximately 44,000 hectares in the Antioquia province of Colombia, a region rich in historic gold mining tradition and where several new gold discoveries have recently been made. Solvista's key Colombian project, Caramanta is the subject of a significant option agreement with IAMGOLD Corporation as described in a press release dated December 13, 2013. Further information on the agreement is available on SEDAR and on Solvista's website. Solvista is well funded and has completed initial drill programs at both its projects, with the discovery of significant mineralization at both. For further details on Solvista, its management team and its projects, please refer to Solvista's website (www.solvistagold.com).
For further information, please contact:
| Bruce Durham, P.Geo | Don Christie, CPA |
| Chief Executive Officer | Chief Financial Officer |
| Solvista Gold Corporation | Solvista Gold Corporation |
| 416 504 8821 | +1 416 504 4171 |
| bdurham@solvistagold.com | dchristie@solvistagold.com |
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 of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.