Conquest Resources Grants Incentive Stock Options
55 University Avenue, Suite 1805
Toronto, Ontario, Canada,
M5J 2H7
www.ConquestResources.com
News Release
CONQUEST RESOURCES GRANTS INCENTIVE STOCK OPTIONS
Toronto, Ontario, February 10, 2021 -- Conquest Resources Limited (TSX-V: CQR) (“Conquest” or the
“Company”) reports that the Board of Directors has approved the granting of 4,175,000 incentive
stock options to directors, officers, consultants and other service providers under to the Company’s
Stock Option Plan, subject to TSX Venture Exchange approval.
All of the stock options are exercisable at a price of $0. 20 per share for a term of five years and will
vest quarterly over a period of two years.
Additionally, the Board of Directors has approved the granting of 50,000 incentive stock options to
Stock Marketing Inc for advisory and marketing services to the Company exercisable at a price of $0.20
per share for a term of one year.
As of the date hereof, the total number of Conquest shares outstanding is 132,587,106.
ABOUT CONQUEST
Conquest Resources Limited, incorporated in 1945, is a mineral exploration company that is exploring
for gold on mineral properties in Ontario.
Conquest holds a 100% interest in the Golden Rose Project, located in the Temagami Mining Camp at
Emerald Lake, approximately 65 kilometres northeast of Sudbury, Ontario, which hosts the former
Golden Rose Gold Mine.
In October 2020, Conquest completed the acquisition of Canadian Continental Exploration Corp., and
subsequently doubled its land holdings through the staking of 588 mining cells, centered on Belfast
Township, on the edge of the Temagami Magnetic Anomaly . Conquest now controls over 220 sq km
of underexplored territory, including the past producing Golden Rose M ine at Emerald Lake, in the
Temagami Mining Camp.
Conquest also holds a 100% interest in the Alexander Gold Property located immediately east of the
Red Lake and Campbell mines in the heart of the Red Lake Gold Camp on the important “Mine Trend”
regional structure. Conquest’s property is almost entirely surrounded by Evolution Mining land
holdings.
In addition, Conquest owns a 100% interest in the Smith Lake Gold Property of six patented claims and
181 staked mining claims to the north, west and south of t he former Renabie Gold Mine in Rennie
Township in northern Ontario, operated by Corona and Barrick that had reported gold production of
over 1,000,000 ounces between 1947 and 1991 (Northern Miner March 4, 1991).
FOR FURTHER INFORMATION CONTACT:
www.ConquestResources.com
John F. Kearney
Chairman
416-362-6686
Tom Obradovich
President & Chief Executive
416-985-7140