Aztec Minerals Re-Pricing of Stock Options
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
Aztec Minerals Re-Pricing of Stock Options
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, Canada – February 25, 2020 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) (“Aztec” or
the “Company”) Board of directors of the Company has approved the repricing of a total of 200,000 stock
options of the Company from $0.25 to $0.12 per common share, and a total of 1,950,000 stock options of
the Company from $0.35 to $0.105 per common share (collectively, the “Options”).
The repricing of the Options is subje ct to the approval of the TSXV. The repricing of the 1,950,000 stock
options held by insiders of the Company is also subject to the approval of disinterested shareholders of
the Company at the Company’s next annual general meeting of shareholders, in accordance with the
policies of the TSXV. Details regarding the repricing of the Options will be further disclosed in the
Company’s information circular for its next annual general meeting.
“Joey Wilkins”
Joey Wilkins, Chief Executive Officer
Aztec Minerals Corp.
About Aztec Minerals – Aztec is a mineral exploration company focused on the discovery of large mineral
deposits in the Americas. Our core assets include the prospective, district scale Cervantes porphyry gold-
copper property in Sonora, Mexico , and the Tombstone CRD silver-lead-zinc-copper district in Arizona.
The Company board and management have successful track records of value creation through discovery,
development and production in the mining sector. Aztec’s shares trade on the TSXV (symbol AZT) and on
the OTCQB (symbol AZZTF).
Contact Information - For more information, please contact:
Joey Wilkins, President and CEO or Bradford Cooke, Chairman
Tel: (604) 685-9770
Fax: (604) 685-9744
Email: [email protected]
Website: www.aztecminerals.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved
or disapproved the information contained herein.
Forward-Looking Statements:
Certain statements contained in this press release may constitute forward -looking statements under Canadian securities
legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”
or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur.
Forward looking statements in this press release include, but are not restricted to, statements regarding the completion of t he
Private Placement, the number of securities to be issued in the Private Placement, the anticipated gross proceeds of the Private
Placement, the Company’s planned use of the proceeds of the Private Placement , the repricing of the Options, the TSXV’s
acceptance of the Company’s application to reprice the Options, and disinterest ed shareholder approval to the repricing of the
Options granted to insiders of the Company.
These forward-looking statements are subject to a number of risks and uncertainties. Actual res ults may differ materially from
results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in
forward-looking statements include that the Company does not complete all or any part of the Private Placement or the repricing
of the Options, the Company does not receive regulatory acceptance to the Private Placement or repricing of the Options, or the
Company does not receive disinterested shareholder approval to the repricing of the Options granted to insiders of the Company.
Accordingly the actual events may differ materially from those projected in the forward -looking statements. When relying on
forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other
uncertainties and should not place undue reliance on such forward -looking statements. The Company does not undertake to
update any forward looking statements, except as may be required by applicable securities laws.