Desert GOLD Grants Incentive Stock Options
4770 72 Street | Delta | British Columbia | Canada | V3W 3N4 | Office +1 (604) 245 6802 | Fax +1 (604) 592 6882
For Immediate Release
TSX.V: DAU
Frankfurt: QXR2
OTC: DAUGF
DESERT GOLD GRANTS INCENTIVE STOCK OPTIONS
Delta, British Columbia, May 29, 2020, DESERT GOLD VENTURES INC. (“Desert Gold” or the “Company”)
(TSX.V: DAU /FF:QXR2 /OTC:DAUGF) announces that it has granted a total of 300,000 incentive stock options to
certain consultants of the Company pursuant with the Company's Stock Option Plan. A portion of the grant was issued
to Apaton Finance GmbH which performs IR services for the Company and will be subject to a statutory vesting period.
The options are exercisable at CAD $0.20 per share and expire five (5) years from the date of grant.
ON BEHALF OF THE BOARD
s/"Jared Scharf"
Jared Scharf, President & CEO
ABOUT DESERT GOLD
Desert Gold Ventures Inc. is a gold exploration and development company which holds 2 gold exploration permits in
Western Mali (SMSZ Project and Djimbala), its Anumso project in Ghana’s Ashanti Belt and its Rutare gold project in
central Rwanda. For furthe r information please visit www.SEDAR.com under the company’s profile. Website:
www.desertgold.ca
CONTACT
Jared Scharf, President and CEO
Email: [email protected]
Certain statements contained in this release may constitute "forward–looking statements" or "forward-looking information" (collectively
"forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These
statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”,
“projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to
identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future
events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the
Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the
date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future
events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein,
investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking
information contained herein.
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. This news release does not constitute an offer to sell or a solicitation of an
offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the
united states securities act of 1933, as amended, and may not be offered or sold in the united states or to the account or benefit of a U.S. person
absent an exemption from the registration requirements of such act.