Golden Reign Issues Stock Options
Suite 501 - 595 Howe Street
Vancouver, BC V6C 2T5
Tel: (604) 685-4655 Fax: (604) 685-4675
Toll Free: 1-888-685-4655
August 9, 2018
NEWS RELEASE - #18-07
TSX- V: GRR
GOLDEN REIGN ISSUES STOCK OPTIONS
Golden Reign Resources Ltd. (TSX-V: GRR) (the “Company” or “Golden Reign”) announces that the company
has granted, pursuant to its stock option plan and subject to regulatory approval, 5,145,000 options to certain
directors, officers and employees at an exercise price of 0.195 cents per share for a term of five years. A total of
700,000 of the stock options are subject to vesting requirements whereby they vest immediately upon the first
gold pour from the San Albino Gold Mine and the additional 4, 445,000 stock options vest immediately . The
securities represented by this grant will be subject to a four-month hold period.
On behalf of the Board,
“Kevin Bullock”
Kevin Bullock, P.Eng.
CEO
About Golden Reign:
Golden Reign Resources Ltd. is a publicly listed (TSX-V: GRR) mineral exploration company engaged in exploring the San
Albino-Murra Property and the El Jicaro Property, both of which are located in Nueva Segovia, Nicaragua.
The Company’s prime objective i s to bring its San Albino Gold Deposit into production quickly and efficiently, building
cash flow to further advance a number of its other prospective exploration targets.
The Company’s land package comprises 13,771 hectares (138 km2) of prospective ground for gold and silver mineralization.
Hundreds of historical mines and workings exist within the Corona de Oro Gold Belt, which is approximately 3 kilometres
wide by 20 kilometres long and spans the entirety of the Company’s land package.
For additional information please visit our website at www.goldenreign.com and SEDAR www.sedar.com.
Forward-Looking Statements: Some of the statements contained herein may be considered “forward-looking information”
within the meaning of applicable securities laws. Forward -looking information is based on certain expectations and
assumptions, including the assumption that the Company’s exploration progra m will be successfully c ompleted, and are
subject to known and unknown risks and uncertainties. Such forward-looking information is subject to a variety of risks and
uncertainties which could cause actual events or results to differ materially from those reflected in the forward -looking
information, including, without limitation, the risk that satisfactory exploration results will not be obtained, the risk that
exploration results will not translate into the discovery of an economically viable deposit, risks and uncertainties relating to
political risks involving the Company’s exploration and development of mineral properties interests, the inherent uncertainty
of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or fai lure
to obtain adequate financing on a timely basis and other risks and uncertainties. Such information contained herein
represents management’s best judgment as of the date hereof, based on information currently available.
Neither the TSX Venture Exchan ge 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.