Southern Cross Gold Consolidated Ltd. press release
Rackla Metals Inc. - Stock Options Granted
TSX - Toronto Stock Exchange · Australia
VANCOUVER, July 20, 2012 /CNW/ - Rackla Metals Inc.(TSX-V: RAK) announces that it has granted incentive stock options to its directors, officers and employees to purchase up to a total of 1,320,000 shares exercisable for ten years at a price of $0.15 per share.
About Rackla
Rackla Metals controls a portfolio of promising gold projects across Yukon Territory, including two extensive claim blocks in the Rackla belt - an emerging trend of Carlin type gold systems in east-central Yukon - and the Sixty Mile project near Dawson City. The Company anticipates drilling on three of its projects during 2012.
ON BEHALF OF THE BOARD
"Simon Ridgway" President and CEO
_Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release._
Forward-Looking Statement _Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of the Company. Actual results may differ materially from those currently anticipated in such statement. _
Contact: Jaclyn Ruptash Tel: (604) 801-5432; Fax: (604) 662-8829 Email: info@goldgroup.com Website: www.racklametals.com