WPGCF) Announces Stock Option Grant

(Investorideas.com
Newswire) Breaking Gold Stock News – Investorideas.com issues a
news and trading alert for West Point Gold Corp.(TSXV: WPG) (OTCQB: WPGCF).

West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) announces
that its Board of Directors has approved a grant of stock options to
officers, directors and consultants of the Company pursuant to the
Company’s 2020 Stock Option Plan. A total of 4,200,000 stock options
have been granted to acquire common shares in the capital of the
Company at an exercise price of $1.18 per share. Of these stock
options, a total of 3,800,000 vest 50% immediately, 25% twelve months
from the grant date and 25% twenty-four months from the grant date and
expire December 23, 2030. A further 400,000 stock options vest
immediately and expire December 23, 2030.

About West Point Gold Corp.

West Point Gold is an exploration and development company focused on
unlocking value across four strategically located projects along the
prolific Walker Lane Trend in Nevada and Arizona, USA, providing
shareholders with exposure to multiple discovery opportunities across
one of North America’s most productive gold regions. The Company’s
near-term priority is advancing its flagship Gold Chain Project in
Arizona

For further information regarding this press release, please contact:

Aaron Paterson, Corporate Communications Manager

Phone: +1 (778) 358-6173

Email: info@westpointgold.com

Stay Connected with Us:

LinkedIn: linkedin.com/company/west-point-gold

X (Twitter): @westpointgoldUS

Facebook: facebook.com/Westpointgold/

Website: westpointgold.com/

FORWARD-LOOKING STATEMENTS:

Certain statements contained in this press release constitute
forward-looking information. These statements relate to future events
or future performance. Forward-looking statements include estimates
and statements that describe the Company’s future plans, objectives or
goals, including words to the effect that the Company or management
expects a stated condition or result to occur. The use of any of the
words “could”, “intend”, “expect”, “believe”, “will”, “projected”,
“estimated” and similar expressions and statements relating to matters
that are not historical facts are intended to identify forward-looking
information and are based on the Company’s current belief or
assumptions as to the outcome and timing of such future events
including, among others, assumptions about future prices of gold,
silver, and other metal prices, currency exchange rates and interest
rates, favourable operating conditions, political stability, obtaining
government approvals and financing on time, obtaining renewals for
existing licenses and permits and obtaining required licenses and
permits, labour stability, stability in market conditions,
availability of equipment, availability of drill rigs, and anticipated
costs and expenditures. The Company cautions that all forward-looking
statements are inherently uncertain, and that actual performance may
be affected by a number of material factors, many of which are beyond
the Company’s control. Such factors include, among other things: risks
and uncertainties relating to West Point Gold’s ability to complete
any payments or expenditures required under the Company’s various
option agreements for its projects; and other risks and uncertainties
relating to the actual results of current exploration activities, the
uncertainties related to resources estimates; the uncertainty of
estimates and projections in relation to production, costs and
expenses; risks relating to grade and continuity of mineral deposits;
the uncertainties involved in interpreting drill results and other
exploration data; the potential for delays in exploration or
development activities; uncertainty related to the geology, grade and
continuity of mineral deposits; the possibility that future
exploration, development or mining results may vary from those
expected; statements about expected results of operations, royalties,
cash flows, financial position may not be consistent with the
Company’s expectations due to accidents, equipment breakdowns, title
and permitting matters, labour disputes or other unanticipated
difficulties with or interruptions in operations, fluctuating metal
prices, unanticipated costs and expenses, uncertainties relating to
the availability and costs of financing needed in the future and
regulatory restrictions, including environmental regulatory
restrictions. The possibility that future exploration, development or
mining results will not be consistent with adjacent properties and the
Company’s expectations; operational risks and hazards inherent with
the business of mining (including environmental accidents and hazards,
industrial accidents, equipment breakdown, unusual or unexpected
geological or structural formations, cave-ins, flooding and severe
weather); metal price fluctuations; environmental and regulatory
requirements; availability of permits, failure to convert estimated
mineral resources to reserves; the inability to complete a feasibility
study which recommends a production decision; the preliminary nature
of metallurgical test results; fluctuating gold prices; possibility of
equipment breakdowns and delays, exploration cost overruns,
availability of capital and financing, general economic, political
risks, market or business conditions, regulatory changes, timeliness
of government or regulatory approvals and other risks involved in the
mineral exploration and development industry, and those risks set out
in the filings on SEDAR+ made by the Company with securities
regulators. Although the Company believes that the assumptions and
factors used in preparing the forward-looking information in this
corporate press release are reasonable, undue reliance should not be
placed on such information, which only applies as of the date of this
news release, and no assurance can be given that such events will
occur in the disclosed time frames or at all. The Company expressly
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, other than as required by applicable
securities legislation.

Neither the 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.

More info on West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF):

https://www.investorideas.com/CO/WPG/

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