Sunridge Gold Corp.

Sunridge Gold Corp.

January 24, 2008 18:07 ET

Sunridge Grants Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - Pursuant to the Sunridge Gold Corp. (TSX VENTURE:SGC) shareholder approved Stock Option Plan, the Directors have today granted Incentive Stock Options to Directors, employees and consultants on 1,600,000 shares of the Company's capital stock, exercisable for up to five years at a price of $1.45 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 50% six months from date of grant and 50% one year from date of grant and will be subject to any applicable regulatory hold periods.

Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company has 51.6 million shares outstanding and 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 or call Don Halliday or Greg Davis at the numbers listed below.


Michael Hopley, President and Chief Executive Officer

Contact Information