Newcore Gold Announces Annual Grant of Equity Incentive Awards

Group 1 - Newcore Gold Ltd. has granted a total of 2,815,000 stock options, 1,880,000 restricted share units, and 525,000 performance share units as part of its annual equity incentive awards [1] - The stock options were granted at a price of $0.64 per share and are valid for a period of five years, subject to regulatory approval and vesting provisions [1] - Newcore Gold is advancing its Enchi Gold Project located in Ghana, which is Africa's largest gold producer, covering a 248 km land package along the Bibiani Shear Zone [2] Group 2 - The leadership of Newcore Gold is aligned with shareholders through a 15% equity ownership, indicating a strong commitment to maximizing shareholder returns [2] - The Enchi Gold Project is strategically located near several multi-million-ounce gold deposits, including the Chirano mine, which is 50 kilometers to the north [2]