Sunridge Gold Corp.
TSX VENTURE : SGC

Sunridge Gold Corp.

September 07, 2010 08:30 ET

Sunridge Grants Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2010) - Pursuant to the Sunridge Gold Corp. (TSX VENTURE:SGC) shareholder approved Stock Option Plan, the Directors have today granted Incentive Stock Options to one officer and one consultant on 450,000 shares of the Company's capital stock, exercisable for up to five years at a price of $0.50 per share, which price is the last closing price of the Company's shares prior to the date of grant. The options granted will vest under normal vesting terms and will be subject to any applicable regulatory hold periods.

ABOUT SUNRIDGE:

Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge has approximately 76 million shares outstanding and approximately $4.8 million in cash. Sunridge trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Don Halliday or Greg Davis at the numbers listed below.

SUNRIDGE GOLD CORP.

Michael Hopley, President and Chief Executive Officer

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.

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