Just got an e-mail from company :
TORONTO, Oct. 3, 2012 /CNW/ - Sulliden Gold Corporation Ltd. ("Sulliden", or the "Company") (TSX & BVL: SUE) (OTCQX: SDDDF) announces that based on discussions with its shareholders, it will not be proceeding with the milestone bonus plan outlined in the Management Information Circular dated September 5, 2012.
The Board of Directors felt that a milestone-based incentive plan would align management focus and shareholder value with a view to the best interest of the Company. However, in light of shareholder input, the board has decided to terminate the plan.
About Sulliden
Sulliden Gold Corporation Ltd. is a Canadian precious metals company focused on the exploration and development of its wholly owned Shahuindo Gold and Silver Project, located in a prolific gold producing district in northern Peru. Sulliden is listed on the Toronto (TSX) and Lima (BVL) stock exchanges under the symbol SUE, as well as the premier tier of the U.S. Over-the-Counter (OTC) market (OTCQX) under the symbol SDDDF. For more information about Sulliden, please visit www.sulliden.com.
On behalf of Sulliden Gold Corporation Ltd.:
Peter Tagliamonte
President and CEO
Stan Bharti
Chairman