Sunridge Gold Corp.: Options GrantedSunridge Gold Corp.: Options Granted
VANCOUVER, BRITISH COULMBIA--(CCNMatthews - Dec. 20, 2004) - Pursuant to the Sunridge Gold Corp. (TSX VENTURE:SGC - News) shareholder approved Stock Option Plan, the Directors have today granted Incentive Stock Options on 330,000 shares of the Company's capital stock, exercisable for up to five years at a price of $0.60 per share which price is greater than the last closing price of the Company's shares prior to the date of grant. The options granted will be subject to any applicable regulatory hold periods.
ADVERTISEMENT
Sunridge Gold continues to await word from the government of Eritrea as to the resolution of the stop work order. While continuing its efforts to resolve this issue, management is reviewing other opportunities in the precious and base metals industry.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
--------------------------------------------------------------------------------
Contact:
Sunridge Gold Corp.
Don Halliday
Phone: (604) 899-1505
Fax: (604) 688-9458
Email: don@sunridgegold.com
Website: www.sunridgegold.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
--------------------------------------------------------------------------------
Source: Sunridge Gold Corp.