Golconda Gold Ltd. press release
LONCOR STOCK OPTION GRANT
TSXV - TSX Venture Exchange · Gold · Silver · Canada
Jan. 11, 2011 (Canada NewsWire Group) --
TORONTO, Jan. 11 /CNW/ - Loncor Resources Inc. (the "Company" or "Loncor") (TSX-V: "LN") announces that it has granted to an officer of the Company, pursuant to the terms of the Company's stock option plan, 100,000 stock options, each such stock option entitling the holder to purchase one common share of the Company at a price of Cdn$2.45 for a period of five years.
Loncor is a gold exploration company with two projects in the Democratic Republic of the Congo: the Ngayu and North Kivu projects.
_Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release._
please visit our website at www.loncor.comor contact: Peter N. Cowley, President and Chief Executive Officer, Telephone: + 44 (0) 790 454 0856; or Arnold T. Kondrat, Executive Vice President, or Martin Jones, Vice President, Corporate Development, Telephone: (416) 366-2221 or 1 (800) 714-7938