Caza Gold News Release – Stock Options
Vancouver, Canada – April 29, 2011 – Greg Myers, CEO and President of Caza Gold Corp. (TSX-V:CZY), announces that the Company has granted 200,000 incentive stock options to Donald Cameron, M.Sc. Geology, the new Vice President of Exploration for Caza Gold, effective April 29, 2011. These stock options vest over a 2 year period and are exercisable for a period of five years at an exercise price of $0.57.
Caza Gold Corp. is a new gold exploration company whose goal is to create shareholder value by discovering gold deposits in Latin America that have the potential to become large tonnage or high grade, profitable gold mines.
CAZA GOLD CORP.
Per:
/s/ Greg Myers
Greg Myers
CEO and President
For more information, please contact Gregg Wilson at:
Toll Free: 1-877-684-9700
Tel: (604) 685-9750
Fax: (604) 685-9744
Email: gregg@cazagold.com
Website: www.cazagold.com
“Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.”
There was lots of discussion on Wednesday amongst Matthew, Dan and perhaps others about share dilution hurting the stock price and it seems to me that exercising stock options does cause dilution. However, what I’m reading there is that one Mr. Cameron has received those stock options but won’t be exercising them anytime soon, i.e. won’t hurt the stock price.
GREETINGS,
I AM A FAITHFUL LISTENER BUT NOT TOO KNOWLEDGEABLE. WHAT DOES DOES MEAN A STOCK OPTION? HOW DO THEY WORK? IS THIS GOOD OR BAD FOR SHARE PRICES?
THANK YOU