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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Resource Capital Gold Corp    RI   CA76124L1040

RESOURCE CAPITAL GOLD CORP (RI)
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Resource Capital Gold : Issues Shares for Debt

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11/10/2017 | 06:39pm CEST

VANCOUVER, B.C., Nov. 10, 2017 (GLOBE NEWSWIRE) -- Resource Capital Gold Corp., (TSX-V:RCG) (“RCG” or the “Company”), announces that a total of CDN $40,000 owed for legal fees has been settled in common shares in the company at a deemed price of 0.11 per share. A total of 363,636 shares will be issued to settle this amount and will have a four month hold from date of issuance.

The Company also would like to amend its September 14, 2017 News Release that announced 9,250,000 stock options would be issued at an exercise price of $0.20 for a three (3) year period ending September 13, 2020.  The stock options were issued later than anticipated and therefore the expiry date will end on October 16, 2020.

On behalf of the Board of Directors of Resource Capital Gold Corp.

George S. Young

CEO

For further Information please contact:

George S. Young at (604) 642 6114

Resource Capital Gold Corp.
Vancouver Park Place
666 Burrard Street, Suite 500
Vancouver V6C 3P6
BC Canada 
P +1 604 642 6114
info@rcgcorp.ca
rcgcorp.ca

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.

Source: Resource Capital Gold Corp.

2017 GlobeNewswire, Inc., source Press Releases - Canada

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Managers
NameTitle
George Spencer Young President, Chief Executive Officer & Director
Gary Leon Lewis Non-Executive Chairman
Jack Ronald Cartmel Chief Financial Officer
Ian James Pringle Non-Executive Director
Gregory Gibson Non-Executive Director
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