New book by Larry Connors Click here Improve your trading - See how
The options will vest and be exercisable on the basis of 25% annually commencing February 11, 2010, the first anniversary of the date of the option grant. All shares issuable pursuant to the exercise of options are subject to a hold period of four months and one day from the date of the option grant.
Chesapeake is an exploration company focusing on the development of its 100% owned Metates project in Mexico, one of the largest undeveloped gold-silver projects in the Americas. Chesapeake's current working capital position is approximately $20 million.
For more information on Chesapeake and its Metates Project, please visit our website at www.chesapeakegold.com.
CHESAPEAKE GOLD CORP.
P. Randy Reifel, President
SOURCE: Chesapeake Gold Corp.
Chesapeake Gold Corp. Investor Relations (604) 731-1094 Website: www.chesapeakegold.com
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