The Board of Directors of Victoria Gold Corp. (the Company)(TSX VENTURE:VIT) has granted options to employees, officers, directors and consultants of the Company, in each case under the stock option plan of the Company which was approved by shareholders of the Company on July 22, 2009. The options will vest over an 18-month period, have an exercise price of $0.70, and acquire an aggregate of 3,210,000 common shares of the Company exercisable for a period of five years from the date of the grant thereof.