Ely Gold & Minerals Inc. (the "Company") announces that the Board of
Directors have granted, under its Stock Option Plan, incentive stock
options to directors of the Company to purchase 800,000 common shares of
the Company, subject to regulatory approval. The options vest
immediately, are subject to a four month hold period, and expire on
January 5, 2016 at an exercise price of $0.25 per share.
On Behalf of the Board of Directors
Signed "Trey Wasser"
Trey Wasser, President & CEO
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.