Newcore Gold Announces Annual Grant of Equity Incentive Awards
NEWS RELEASE
Suite 1560 - 200 Burrard Street www.newcoregold.com
Vancouver, British Columbia V6C 3L6 [email protected]
Newcore Gold Announces Annual Grant of Equity Incentive Awards
August 19, 2022 TSX-V: NCAU, OTCQX: NCAUF
Vancouver, BC – Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU,
OTCQX: NCAUF) announces the annual grant of equity incentive awards. Newcore has
granted 1,690,000 stock options and 320,000 restricted share units (together the "Equity
Incentive Awards") to various employees, directors and executives of the Company. The stock
options were granted at a price of $ 0.30 per share for a period of five years. The Equity
Incentive Awards are subject to regulatory approval, are granted under the Company’s long -
term incentive plan and are subject to vesting provisions.
About Newcore Gold Ltd.
Newcore Gold is advancing its Enchi Gold Project located in Ghana, Africa’s largest gold
producer (1). Newcore Gold offers investors a unique combination of top -tier leadership, who
are aligned with shareholders through their 24% equity ownership, and prime district scale
exploration opportunities. Enchi’s 216 km 2 land package covers 40 kilometres of Ghana’s
prolific Bibiani Shear Zone, a gold belt which hosts several 5 million -ounce gold deposits,
including Kinross’ Chirano mine 50 kilometers to the north. Newcore’s vision is to build a
responsive, creative and powerful gold enterprise that maximizes returns for shareholders.
(1) Source: Production volumes for 2021 as sourced from the World Gold Council
On Behalf of the Board of Directors of Newcore Gold Ltd.
Luke Alexander
President, CEO & Director
For further information, please contact:
Mal Karwowska | Vice President, Corporate Development and Investor Relations
+1 604 484 4399
www.newcoregold.com
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.