Cascadero Copper Corporation Announces Adoption of New Stock Option Plan
(TSXV: CCD)
July 29, 2019
Cascadero Copper Corporation Announces Adoption of New Stock Option Plan
North Vancouver, BC, July 29, 2019 ‐ Cascadero Copper Corporation (TSXV: CCD; the “ Company”)
announces that its board of directors has approved a new fixed Incentive Stock Option Plan (the " 2019
Plan"). The 2019 Plan supersedes and replaces the Company’s 2004 Incentive Stock Option Plan (the
“2004 Plan”).
The 2019 Plan allows the board of directors to grant up to an a ggregate of 35,560,173 stock options of
the Company to encourage equity participation among senior offi cers, employees, consultants and
directors through the acquisition of common shares of the Company. The 2019 Plan is intended to enable
the Company to attract and retain highly qualified personnel in a competitive marketplace.
The 2019 Plan remains subject to the approval of the TSX Venture Exchange, as well as approval and
ratification by ordinary resolution of the Company’s shareholders (which will be sought at the next annual
general meeting of shareholders).
The Company has 18,100,000 stock opti ons currently outstanding under the 2004 Plan. If the 2019 Plan
is approved by the TSX Venture Exchange and ratified by the shareholders, these stock options will
become subject to the 2019 Plan without any action required on the part of the option holders.
Lorne Harder
Chairman
For further information, please contact Bill McWilliam, Senior VP Exploration
Office Phone: 604.924.5504
Neither the TSX Venture Exchange nor its Regulation Service Pro vider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility fo r the adequacy or accuracy of this
release).