Canasil Grants 250,000 Options and Increases Price and Extends 4,600,000 Options
Suite 1760 – 750 West Pender Street
Vancouver, BC V6C 2T8
Canada
Tel: 604-708 3788
Fax: 604-708 3728
Email: [email protected]
NEWS RELEASE TSX-V: CLZ
November 09, 2020 www.canasil.com
Canasil Grants 250,000 Options and Increases Price and Extends 4,600,000 Options
Expiring Dec. 21, 2020
Vancouver, Nov. 09, 20 20 - Canasil Resources Inc. (TSX-V: CLZ , DB Frankfurt: 3CC , “Canasil” or the
“Company”) announces that in accordance with the Company’s Stock Option Plan t he Company has
granted 250,000 incentive stock options to a Consultant, exercisable at a price of $0.11 and valid for five
years from the date of grant. The Company has also increased the strike price of 4,600,000 options
expiring on Dec. 21, 2020, from $0.06 to $0.11 and extended the expiry date of these options to Dec. 21,
2025. The grant and extension of options are 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 with a strong portfolio of 100% owned silver -gold-
copper-lead-zinc exploration projects in Durango and Zacatecas States, Mexico , and in British Columbia,
Canada. The Company’s directors and management include industry professionals with a track record of
identifying and advancing successful mineral exploration projects through to discovery and further
development. The Company is actively engaged in the exploration of its 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.
604-709 0109
ww.canasil.com
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Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of
any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of
the securitie s in the United States of America. The securities have not been and will not be registered under the
United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold
within the United States or to , or for ac count or benefit of, U.S. Persons (as defined in Regulation S under the 1933
Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such
registration requirements is available.