High Desert Gold Corporation

High Desert Gold Corporation

April 29, 2011 19:51 ET

High Desert Gold Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2011) - High Desert Gold Corporation (the "Company") (TSX VENTURE:HDG)(OTCQX:HDGCF) announces the grant of new incentive stock options to acquire 850,000 common shares of the Company to certain directors, senior officers and employees of the Company and its subsidiaries having a term of five years and an exercise price of $0.495 per share. The 225,000 options granted to non-management directors vested immediately. The 625,000 options granted to officers and employees vest as to one-third immediately and to one-third on the first and second anniversary of the date of grant. All options are otherwise subject to the terms of the Company's stock option plan.

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.

Contact Information

  • High Desert Gold Corporation
    Richard Doran
    Executive Vice President, Investor Relations
    (303) 584-0606
    (303) 758-2063 (FAX)