Whitehorse Gold Announces Stock Option Cancellation
Whitehorse Gold Announces Stock Option Cancellation
WHG-NR-22-04 March 31, 2022
Vancouver, British Columbia: Whitehorse Gold Corp. (“Whitehorse Gold” or the “Company”)
(TSXV: WHG; OTCQX: WHGDF) announces that the Company has cancelled an aggregate of 1,475,000
stock options (the "Cancelled Options") previously held by certain directors, officers, consul tants and
employees of the Company.
The terms of Cancelled Options were as follows:
Number of
Cancelled Options
Original Date of
Grant
Expiry Date Exercise Price
1,475,000 February 25, 2022 February 24, 2027 $0.50
Under the Company’s rolling 10% incentive stock option plan (the “Plan”), the Company may grant up to an
aggregate of 5,296,492 stock options. Upon completion of the cancellation, the Company will have
2,612,499 stock options outstanding under the Plan.
ABOUT WHITEHORSE GOLD CORP.
Whitehorse Gold is a responsible mineral exploration and development company focused on its
170-square-km Project located in southern Yukon, approximately 55 km south -southwest of Whitehorse.
The Project hosts the advanced-stage Skukum Creek and Goddell deposits, and the formerly producing Mt.
Skukum high-grade gold mine, all of which remain open for expansion, plus additional untested mineralized
occurrences. Project infrastructure includes an all -weather access road, a 50-person camp, approximately
6 kms of underground development, and a previously operating 300 -tpd mill and associated support
facilities. Underground operations by a previous operator at Mt. Skukum from 1986 to 1988 saw 233,400
tons of ore mined and processed to recover approximately 79,750 ounces of gold (Total Energold
Corporation, 1989). The Company is also reviewing other mining assets in jurisdictions that provide year
round access.
On Behalf of Whitehorse Gold Corp.
signed “Gordon Neal”
Gordon Neal, CEO & Director
For further information please contact:
Investor Relations, Whitehorse Gold Corp.
Phone: 604-336-5919
Email: [email protected]
www.whitehorsegold.ca
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 news
release.
Whitehorse Gold Corp.
1750 - 1066 West Hastings Street
Vancouver, BC, Canada V6E 3X1
Telephone: (604) 336-5919
www.whitehorsegold.ca