Chesapeake Gold Announces Stock Option Grant
Chesapeake Gold Announces Stock Option
Grant
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2023) - Chesapeake Gold Corp. (TSXV:
CKG) (OTCQX: CHPGF) ("
Chesapeake
" or the "
Company
") announces the grant of stock options
under its Stock Option Plan to purchase an aggregate of 200,000 common shares (the "
Optioned
Shares
") of the Company at an exercise price of C$2.15 per share for a five-year term expiring
February 7, 2028. The stock options were granted to directors of the Company. The options will vest and
be exercisable on the basis of 25% annually, commencing February 7, 2024, the first anniversary of the
date of the grant.
About Chesapeake
Chesapeake Gold Corp. is focused on the discovery, acquisition, and development of major gold-silver
deposits in North and South America. Chesapeake's flagship asset is the Metates project ("
Metates
")
located in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in
the Americas
1
.
For Further Information:
For more information on Chesapeake and its Metates Project, please visit our website at
www.chesapeakegold.com
or contact Alan Pangbourne at
or +1 778 731
1362.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
1
Mexico's biggest undeveloped gold deposits as published by Bnamericas, Tuesday, November 24, 2020.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/154641