SOUTH AMERICAN GOLD AND COPPER COMPANY LIMITED
| Registered Office: 100 WELLINGTON STREET WEST, SUITE 500 TORONTO, ONTARIO M5K 1H1 CANADA |
New York Representative Office:
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| Santiago Office: LA CONCEPCION 266, OF. 704 PROVIDENCIA, SANTIAGO, CHILE Telephone : 56-2-264-2295 E-Mail: sagc@sagchile.cl |
For further information, contact: |
NOT TO BE DISTRIBUTED OR DISSEMINATED IN THE U.S.
FOR IMMEDIATE RELEASE – May 27, 2008
South American Gold and Copper Company Limited Voluntarily Corrects
Number of Common Stock Options Outstanding and Exercisable Shown in
its MD&A for its Six Month Period Ended March 31, 2008.
Toronto, Ontario, Canada - South American Gold and Copper Company
Limited (the “Company”) (TSX: SAG) announced that it has
voluntarily reissued its Management’s Discussion and Analysis
(“MD&A”) for its six month period ended March 31,
2008, due to an error in disclosing the number of Common Stock Options
outstanding and exercisable at April 30, 2008, under “Outstanding
Share Information” contained in its MD&A for the period.
The correct number as of April 30, 2008, should have been 110,000,000
share options outstanding and exercisable and not 132,145,000 share
options outstanding and exercisable.
There has been no impact on the Company’s financial statements
filed for the six month period ended March 31, 2008. The re-filed
MD&A can be accessed at www.sedar.com or on the Company’s
website at www.sagc.com.
South American Gold and Copper Company Limited is a minerals producing,
exploration and development company with properties and activities
currently focused in Chile.