options

On 24th October 2019, Bardoc Gold Limited (ASX: BDC, Bardoc or the Company) completed a Share Purchase Plan (SPP) pursuant to a Prospectus lodged with ASX/ASIC on 27 September 2019. Under the SPP, the Company offered eligible shareholders including Directors the opportunity to subscribe for up to $30,000 worth of shares at an issue price of $0.10 per share. Participants in the SPP were also issued one (1) free attaching option (exercisable at $0.16 each on or before 15th December 2020) (Options) for every two (2) shares subscribed for in the SPP.As noted in the Appendix 3Y lodged on 28 October 2019, the Directors subscribed for a total of 1,900,000 shares and 950,000 attaching options. The 950,000 attaching options issued to Directors as part of their participation in the SPP require shareholder approval. Accordingly, the Directors have agreed to immediately cancel the options issued as part of their participation in the SPP and will seek shareholder approval to issue the options on the same terms and conditions and in the same number via resolutions to be set out in an Addendum to the Notice of Annual General Meeting to be held on 29th November 2019.An Appendix 3B is attached. For further information contact:INVESTORS: