Ely Gold & Minerals Inc. (the "Company") is pleased to announce that
Trey Wasser has accepted a position on the Company's Board of
Directors, effective June 2, 2010. Mr. Wasser replaces George Hampton,
who is stepping down in order to focus on other interests. The Company
would like to thank Mr. Hampton for his contributions to the development
of the Company.
The Company has granted, under its Stock Option Plan, incentive stock
options to directors and officers of the Company to purchase 750,000
common shares of the Company, subject to regulatory approval. The
options are exercisable on or before June 3, 2015 at an exercise price
of $0.20 per share.
On Behalf of the Board of Directors
Signed "Stephen Kenwood"
For further information, please contact Ely Gold & Minerals Inc. at 604-488-1104.
Neither 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.
This news release may contain forward-looking statements including but
not limited to comments regarding the timing and content of upcoming
work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore, involve inherent
risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements.