Northern Freegold Resources Ltd.

Northern Freegold Resources Ltd.

July 02, 2008 12:47 ET

Northern Freegold Grants Stock Options (REVISED)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 2, 2008) - Northern Freegold Resources Ltd. (TSX VENTURE:NFR) announced this morning the granting of incentive stock options to employees and consultants of the company for the purchase of a total of 205,000 stock options at the exercise price of $0.77 per share expiring on July 1, 2011. Please note that the exercise price for these options was released incorrectly and should be at $0.83 per share rather than the announced $0.77 per share.

Northern Freegold Resources Ltd.

On behalf of the Board of Directors

Susan P. Craig, President

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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

Contact Information

  • Northern Freegold Resources Ltd.
    Sarah Longhurst
    Investor Relations Manager
    (604) 893-8757 or 1-877-893-8757