Frankfurt and Berlin Exchanges: EMLN EMGOLD GRANTS STOCK OPTIONS
EMGOLD MINING CORPORATION
Suite 1015 – 789 West Pender Street
Vancouver, B.C. V6C 1H2
www.emgold.com
November 30, 2020 TSX Venture Exchange: EMR
OTC: EGMCF
Frankfurt and Berlin Exchanges: EMLN
EMGOLD GRANTS STOCK OPTIONS
Vancouver, British Columbia - Emgold Mining Corporation (TSX -V: EMR) ( “Emgold” or the
"Company") announces the grant of 5,950,000 incentive stock options ( the “Options”), pursuant to its
Stock Option Plan (the “ Plan”), to directors, officers, employees, and consultants of the Company. The
Options are exercisable at a price of C$0.09 per common share of the Company for a period of 5 years from
the date of grant.
Any shares issued upon the exercise of the Options will be subject to a statutory four-month hold period
from the date of the issuance. The Option grant is subject to the approval of the TSX Venture Exchange.
About Emgold
Emgold is a gold and base metal exploration company focused on Nevada and Quebec. The Company’s
strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them
through sale, joint ventures, option, royalty, and other transactions to create value for our shareholders
(acquisition and divestiture (A&D) business model).
In Nevada, Emgold’s Golden Arrow Property, the core asset of the Company, is an advanced stage gold
and silver property with a well-defined measured and indicated resource. New York Canyon is a base metal
property subject to an Earn -in with Option to Joint Venture Agreement with Kennecott Exploration, a
subsidiary of Rio Tinto Plc (NYSE:RIO). The Mindora Property is a gold and based metal property located
12 miles from New York Canyon. Buckskin Rawhide East is a gold and silver property leased to Rawhide
Mining LLC, who op erate the adjacent Rawhide Mine and represents a royalty opportunity for the
Company.
In Quebec, the Casa South Property, is an early stage gold property adjacent to Hecla Mining Corporation’s
(NYSE:HL) operating Casa Berardi Mine. The East -West Property is a gold property adjacent to and on
strike with Wesdome Gold Mine Ltd.’s ( TSX:WDO) Kiena Complex and O3 Mining Corporation’s
(TSX:OIII) Ma larctic Property (Marban Project) . Emgold also has a 1% NSR in the Troilus North
Property, part of the Troilus Mine Property being explored by Troilus Gold Corporation (TSX:TLG).
Note that the location of Emgold’s properties adjacent to producing or past producing mines does not
guarantee exploration success at Emgold’s properties or that mineral resources or res erves will be
delineated. For more information on the Company, investors should review the Company’s website
at www.emgold.com or view the Company’s filings available at www.sedar.com.
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On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note on Forward-Looking Statements
Certain statements made and information contained herein may constitute “forward looking information” and “forward looking
statements” within the meaning of applicable Canadian and United States securities legislation. These statements and informat ion
are ba sed on facts currently available to the Company and there is no assurance that actual results will meet management’s
expectations. Forward-looking statements and information may be identified by such terms as “anticipates”, “believes”, “targets”,
“estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward-looking statements and information contained herein
are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the
realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and
development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title
disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward -looking
statements and information are not guarantees of future performance and readers should not place undue importance on such
statements as actual events and results may differ materially from those described herein. The Company does not undertake to
update any forward-looking statements or information except as may be required by applicable securities laws. The Company's
Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including
any technical reports filed with respect to the Company's mineral properties.