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Bullboard - Stock Discussion Forum Sulliden Gold Corporation Ltd T.SUE.WT

Metals & Mining Gold

TSX:SUE.WT - Post Discussion

Sulliden Gold Corporation Ltd > Sulliden Terminates Milestone Bonus Plan
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Post by bada123bing on Oct 03, 2012 8:55pm

Sulliden Terminates Milestone Bonus Plan

Sulliden Terminates Milestone Bonus Plan

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.

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