Rocky Shore Gold Ltd. has completed the purchase agreement for the acquisition of the Brady Property and made the first option payment under the Huxter Lane Option Agreement. The Company paid $75,000 in cash and issued 1,000,000 common shares for the Brady Property. Additionally, they made an initial payment of $100,000 in cash and issued 2,000,000 common shares for the Huxter Lane Option Agreement. The shares issued are subject to a four-month hold period. Incentive stock options were granted to officers, directors, and consultants with an exercise price of $0.20 per share. Rocky Shore Gold is focused on expanding its gold deposits at the Gold Anchor Project in central Newfoundland.

Read more at GlobeNewswire: Rocky Shore Closes Brady Property Acquisition and Grants