Roxgold grants stock options and restricted stock units

TORONTO, Jan. 19, 2015 /CNW/ - Roxgold Inc. ("Roxgold" or "the Company") (TSX.V: ROG) is pleased to announce that it has granted a recently hired senior employee incentive stock options to purchase up to an aggregate of 250,000 common shares, exercisable on or before January 19, 2020 at a strike price of $0.65, as well as 260,000 Restricted Stock Units ("RSUs"). Vesting of the RSUs is subject to a number of performance milestones associated with the advancement of the Yaramoko Gold Project and will expire December 31, 2018.

About Roxgold

Roxgold is a gold exploration and development company with its key asset, the high grade, 100% owned Yaramoko Gold Project located in the Houndé greenstone region of Burkina Faso, West Africa. The Company is currently advancing Yaramoko's 55 Zone through permitting and, subject to making a positive construction decision, expects to commence development thereafter. Roxgold trades on the TSX Venture Exchange under the symbol ROG.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

SOURCE Roxgold Inc.

Annelise Burke, Manager, Investor Relations and Corporate Communications, 416-203-6401, [email protected]