RUA GOLD Announces the Grant of Options

VANCOUVER BC, May 3, 2024 /CNW/ - RUA GOLD Corporation (CNSX:RUA.CN) (OTC:NZAUF) (WKN:A4010V) ("RUA GOLD" or the "Company") announces the grant of 1,000,000 options (each, an "Option") to Robert Eckford, Chief Executive Officer of the Company, in accordance the Company's stock option plan dated effective October 26, 2018. Each Option is exercisable into one common share in the capital of the Company (a "Common Share") at an exercise price of $0.25 per Common Share for five years following the date of grant. The Options are subject to a 3-year vesting period with 333,333 of the Options vesting April 29, 2025, 333,333 of the Options vesting April 29, 2026, and 333,334 of the Options vesting April 29, 2027.