Visible Gold Mines Grants Options

Visible Gold Mines Grants Options

ROUYN-NORANDA, QC

,

July 2, 2019

/CNW Telbec/ -

Visible Gold Mines Inc. (TSXV: VGD)

(

FRANKFURT

: 3V41)

announces that its Board of Directors has today granted, subject to

regulatory approval, including that the TSX Venture Exchange, stock options in respect of 600,000

common shares to Visible Gold Mines' four directors and three consultants. The options were

granted pursuant to Visible Gold Mines' stock option plan. The exercise price of the options is

$0.08

,

equal to the closing price of Visible Gold Mines' common shares on the TSX Venture Exchange on

Friday June 28, 2019. The options expire on

July 2, 2029

and vested immediately.

About Visible Gold Mines Inc.

Visible Gold Mines is a corporation focused on gold in the prolific

Abitibi Gold Belt

in

Canada

. The

Corporation has 21,089,339 common shares outstanding.

Neither 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 the

release.

Website:

www.visiblegoldmines.com

SOURCE

Visible Gold Mines Inc.

View original content:

http://www.newswire.ca/en/releases/archive/July2019/02/c7087.html

%SEDAR: 00025339E

For further information:

Martin Dallaire, President and Chief Executive Officer, Telephone: 819-

762-0107, Fax: 819-762-0097, E-mail: [email protected]

CO: Visible Gold Mines Inc.

CNW 12:13e 02-JUL-19