Aston BAY Holdings Ltd. Announces Appointment of Alan KING to Advisory Board and Granting of Stock Options
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FOR IMMEDIATE RELEASE TSX-V: BAY
ASTON BAY HOLDINGS LTD. ANNOUNCES APPOINTMENT OF ALAN KING TO ADVISORY BOARD AND
GRANTING OF STOCK OPTIONS
December 11, 2017 - Toronto, ON – Aston Bay Holdings Ltd. (“Aston Bay” or the “Company”) (BAY:TSX -
V) is pleased to announce the appointment of Alan King to the Company’s Advisory Board. Alan received
a B.Sc. in geology from the University of Toronto in 1976 and an M.Sc. in geophysics from Macquarie
University in 1989. From 1976 to 1990 he worked as a geophysicist in exploration and resource
development in Canada and Australasia. Fro m 1990 to 2012 , he was employed by Inco/Vale as a senior
geophysicist and then as Manager of Geophysics with responsibility for global exploration. As Chief
Geophysicist for Vale Global Exploration , Alan worked on geophysical applications for base metals, iron,
manganese, coal and fertilizers (potash and phosphate) , as well as target generation using regional and
global data sets. Alan is currently working as a consultant with his own company , Geoscience North. His
professional interests include the use of geophysics, new technology (and ideas) and data integration in
exploration, mining, environmental, geotechnical and other applications.
“Alan is a seasoned exploration geophysicist, knowledgeable in base metal exploration in sedimentary
rocks,” commented Thomas Ullrich, CEO of Aston Bay. “His expertise with gravity techniques will be
particularly useful in target generation on our property, and his appointment rounds out our
experienced technical team.”
Aston Bay also announces that it is granting stock options in accordance with the terms and conditions
of its rolling Stock Option Plan, entitling the purchase of an aggregate 1,050,000 common shares by
certain officers, directors, consultants, employees and advisors to the Company. Each stock option will
vest 12 months from the date of grant and will be exercisable at $0.15 per common share until
December 8, 2024.
ABOUT ASTON BAY HOLDINGS LTD.
Aston Bay Holdings Ltd. (TSX-V: BAY) is a publicly traded mineral exploration company exploring for
large, high-grade, sediment-hosted copper and zinc deposits in Nunavut, a mining-friendly Canadian
jurisdiction. Aston Bay is 100% owner of the 1,024,345-acre (414,537-hectare) Aston Bay Property
located on western Somerset Island, Nunavut. The Aston Bay Property hosts the Storm Copper Project
and the Seal Zinc Prospect, with historical drilling confirming the presence of sediment-hosted copper
and zinc mineralization.
The Company’s public disclosure documents are available on www.sedar.com.
FORWARD-LOOKING STATEMENTS
Statements made in this press release, including those regarding the closing and the use of proceeds of
the private placement, management objectives, forecasts, estimates, expectations, or predictions of the
future may constitute “forward-looking statement”, which can be identified by the use of conditional or
future tenses or by the use of such verbs as “believe”, “expect”, “may”, “will”, “should”, “estimate”,
“anticipate”, “project”, “plan”, and words of similar import, including variations thereof and ne gative
forms. This press release contains forward -looking statements that reflect, as of the date of this press
release, Aston Bay’s expectations, estimates and projections about its operations, the mining industry
and the economic environment in which it operates. Statements in this press release that are not
supported by historical fact are forward -looking statements, meaning they involve risk, uncertainty and
other factors that could cause actual results to differ materially from those expressed or impli ed by such
forward-looking statements. Although Aston Bay believes that the assumptions inherent in the forward -
looking statements are reasonable, undue reliance should not be placed on these statements, which
apply only at the time of writing of this pres s release. Aston Bay disclaims any intention or obligation to
update or revise any forward -looking statement, whether as a result of new information, future events
or otherwise, except to the extent required by securities legislation. We seek safe harbour.
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 news release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S.
NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN
OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN
IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER
THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND
MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR
EXEMPT THEREFROM.
FOR ADDITIONAL INFORMATION CONTACT:
Thomas Ullrich, Chief Executive Officer
Telephone: (416) 456-3516