FOR IMMEDIATE RELEASE
NEWS RELEASE
June 1, 2012 TSX-Venture: GFN
GOLD FINDER ANNOUNCES ADOPTION NEW FORM
10% ROLLING STOCK OPTION PLAN
GOLD FINDER EXPLORATIONS LTD. (the “Company”) announces that further to its April 11,
2012 news release, the Company has adopted a new form 10% rolling stock option plan (the “New
Plan”). The New Plan received both TSX Venture Exchange approval and shareholders approved the
New Plan at the Company’s Annual General and Special Meeting held on April 11, 2012.
The New Plan has replaced the Company’s 2007 10% rolling stock option plan. The New Plan is a
rolling stock option plan under which a maximum of 10% of the issued and outstanding Common Shares
of the Company at the time an option is granted less common shares reserved for issuance outstanding in
the New Option Plan, are reserved for options to be granted at the discretion of the Board to eligible
option holders and under which there are limitations on issue to Service Providers and Consultants..
Certain material updates under the New Plan are as follows:
the incorporation of words and phrases that have meanings assigned to them per TSX Venture
Exchange policies;
clarifies when amendments to the Plan may be made by the Board without further shareholder
approval and when amendments to the Plan require disinterested shareholder approval;
clarifies limitations on issuances of options to Service Providers and Consultants;
clarifies the term of an option;
clarifies vesting of options, at the discretion of the Board;
sections were incorporated to facilitate the use of uncertificated common shares due to the
proclamation of the Securities Transfer Act;
includes provisions pursuant to the recent amendments to the Income Tax Act (Canada) which
requires the Company to withhold and remit to Canada Revenue Agency, the estimated tax on the
deemed benefit arising from the exercise of a stock option.
The updates to the New Plan are non-material changes and will not negatively affect the holders of
common shares of the Company. Following shareholder approval to the New Plan, the 2007 Plan ceased
to exist. All outstanding options granted under the 2007 option plan, have been rolled into the New Plan.
TSX Venture Exchange Policy requires that shareholders of the Company ratify and approve the Plan
annually to allow for continuation of the Plan.
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