Eros Resources Corp. Grants Stock Options
NEWS RELEASE NR: 19-03 July 30, 2019
Eros Resources Corp. Grants Stock Options
Vancouver, BC (July 30, 2019) Eros Resources Corp. (TSX.V: ERC) (“Eros” or the “Company”) announces that on July 29th, 2019 it has granted stock options to acquire a total of 2,400,000 common shares of the Company, 1,200,000 of which were issued to its directors and officers, with the balance issued to employees and contractors. The stock options expire on July 29nd, 2024 and are exercisable at the price of $0.08. The stock options granted are subject to a regulatory holding period.
About Eros
Eros Resources Corp. is a Canadian public company focused on the exploration and development of resource projects in North America. Eros has as its prime business objective the selection of strategic investments with a Canadian focus and a diverse commodity base. The Company’s expertise in the resource sector supports the selection of these strategic investments.
On Behalf of the Board of Directors of EROS Resources Corp.
Ronald K. Netolitzky President & CEO
Cautionary note regarding forward-looking statements
Certain statements made and information contained herein may constitute “forward looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation, including, among other things, this press release includes references to mineral resources and future potential forecast economics of extracting those resources. There is no certainty that any portion of the resources will be confirmed with greater certainty. If confirmed, there is no certainty that it will be commercially viable to extract any portion of the resource. There is no certainty that access to the resource area will be re-established, and if access to the resource area is blocked for an extended period of time, or permanently, there is no certainty that any compensation will be received by the Company. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information, including the re-establishment of physical access to the property, the availability of adequate and secure sources of funding to construct the extraction facilities required to extract the mineral resources, prevailing commodity prices, the receipt of regulatory approvals, environmental risks and the performance of personnel. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
EROS Resources Corp. For more information, please contact:
Suite 420 - 789 West Pender Street Lubica Keighery Vancouver, British Columbia, VP Corporate Development Canada, V6C 1H2 c: 778-889-5476 T: 604-688-8115 w: www.erosresourcescorp.com