Reliant Gold Corp.
TSX VENTURE : REC

Reliant Gold Corp.

June 18, 2011 09:48 ET

Reliant Gold Announces Grant of Options to Its Recently Appointed Independent Director

TORONTO, ONTARIO--(Marketwire - June 18, 2011) - Reliant Gold Corp. ("Reliant" or the "Corporation") (TSX VENTURE:REC) -

In connection with the June 13, 2011 appointment of Mr. Michael M. Boyd to Reliant's board of directors, the Corporation now wishes to announce that it has granted options to acquire 200,000 common shares of the Corporation at an exercise price of $0.10 per share to Mr. Michael M. Boyd pursuant to the Corporation's stock option plan. These options, which will vest quarterly over a period of twelve months, will expire on June 17, 2016.

ABOUT RELIANT

Reliant is a junior mineral exploration company with an experienced management team engaged in the acquisition, exploration and development of properties for the mining of precious and base metals and uranium. The Corporation holds: (i) an option to acquire a 100% interest in the MC Dalhousie Property located in northwestern British Columbia, Canada; (ii) an option to acquire a 100% interest in the North Nonacho Property in the vicinity of Nonacho Lake, Northwest Territories, Canada; (iii) an option to acquire a 100% interest in the Esten Property located 10 km south of Elliott Lake, Ontario, Canada, as well as 16 units staked by the Company contiguous to the Esten Property; and (iv) a 100% interest in the Borden Lake South Property, comprised of 288 claims, located 10 km east of town of Chapleau, Ontario. The common shares of Reliant trade on the TSX Venture Exchange under the stock symbol "REC". The Company has 19,702,777 common shares issued and outstanding.

No securities commission or regulatory authority has approved or disapproved the contents of this press release. 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

  • Reliant Gold Corp.
    Andrew Hara (Harasimowicz), B.Sc. (Hon.), P.Eng.
    President and Chief Executive Officer and Director
    (905) 822-4078
    (905) 822-8018 (FAX)
    info@reliantgold.com