Canasil Extends Expiry Date of Stock Options
Suite 1760 – 750 West Pender Street
Vancouver, BC
Canada V6C 2T8
Tel: 604-708 3788
Fax: 604-708 3728
Email: [email protected]
NEWS RELEASE TSX-V: CLZ
January 18, 2017 www.canasil.com
Canasil Extends Expiry Date of Stock Options
Vancouver, January 18, 2017 - Canasil Resources Inc. (TSX-V: CLZ , DB Frankfurt: 3CC , “Canasil”) announces
that pursuant to the Company’s Stock Option Plan the Company has extended the expiry date of 1,175,000
incentive stock options issued to Directors, Officers, Consultants and Employees, from January 20, 2017, to
January 20, 2022. The options are exercisable at a price of $0.20, which is unchanged. The options ar e
being extended as part of the Company’s annual review of outstanding stock options under its Stock Option
Plan.
About Canasil:
Canasil is a Canadian mineral exploration company w ith a strong portfolio of 100% owned silver-gold-
copper-lead-zinc projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. Th e
Company’s directors and management include industry professionals with a track record of identifying and
advancing successful mineral exploration projects t hrough to discovery and further development. The
Company is actively engaged in the exploration of i ts mineral properties, and maintains an operating
subsidiary in Durango, Mexico, with full time geological and support staff for its operations in Mexico.
For further information please contact:
Bahman Yamini
President & CEO
Canasil Resources Inc.
Tel: 604-709 0109
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release .
This release includes certain statements that may b e deemed to be “forward-looking statements”. All st atements in
this release, other than statements of historical f acts are forward looking statements, including stat ements that
address future mineral production, reserve potentia l, exploration drilling, exploitation activities an d events or
developments. These statements involve known and un known risks, uncertainties and other factors that m ay cause
actual results or events to differ materially from those anticipated in such forward-looking statement s. Although the
Company believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results or developmen ts may
differ materially from those in the forward-looking statements. Factors that could cause actual result s to differ
materially from those in forward-looking statements include, but are not limited to, changes in commod ities prices,
exploration successes, continued availability of ca pital and financing, and general economic, market o r business
conditions. The reader is referred to the Company’s filings with the Canadian securities regulators fo r disclosure
regarding these and other risk factors. There is no certainty that any forward looking statement will come to pass and
investors should not place undue reliance upon forward-looking statements.