Brigadier Gold Limited

Brigadier Gold Limited

February 24, 2009 13:52 ET

Brigadier Gold Limited Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwire - Feb. 24, 2009) - Brigadier Gold Limited (TSX VENTURE:BRG) announced today that it granted an aggregate of 2,668,000 stock options at an exercise price of $0.10 per share, 2,068,000 of such options were granted to directors and officers of the Company.

The 2,668,000 options have a term of 5 years and have vesting restrictions. There are currently 7,510,000 shares reserved for issuance under the Company stock option plan.

Brigadier Gold Limited trades on the TSX Venture Exchange under the symbol BRG and has 41,295,268 common shares outstanding.

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Brigadier, 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 Brigadier's expectations are disclosed under the heading "Risk Factors" and elsewhere in Brigadier's documents filed from time-to-time with regulatory authorities.

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Brigadier Gold Limited
    Herb Kokotow
    President & CEO
    (416) 410-7956
    (905) 707-1520 (FAX)