Canterra Minerals Announces Incentive Stock Option Grant
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Canterra Minerals Announces Incentive Stock Option Grant
Vancouver, B.C. (May 11, 2023) – Canterra Minerals Corporation ( TSXV:CTM)(OTCQB: CTMCF) (“Canterra” or the
“Company”) announces that is has granted a total of 3,000,000 options to various employees, executives, directors
and consultants of the Company pursuant to the terms of the Company’s share-based incentive plan and subject to
regulatory approval. The options are exercisable at a price of $0.07 per share for a period of five (5) years from the
grant date.
ON BEHALF OF THE BOARD OF CANTERRA MINERALS CORPORATION
Andrew Farncomb
Director
Additional information about the Company is available at www.canterraminerals.com
For further information, please contact: +1 (604) 687-6644
Email: [email protected]
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 release.
Cautionary Note Regarding Forward-Looking Information
This press release contains statements that constitute “forward-looking information” (collectively, “forward-looking statements”)
within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are
forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any
statement that discusses predictions, expectations, beliefs, plans, projections, object ives, assumptions, future events or
performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “doe s
not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and
phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be
achieved) are not statements of historical fact and may be forward-looking statements. Consequently, there can be no assurances
that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated
in such statements. Except to the extent required by applicable securities laws and th e policies of the TSX Venture Exchange, the
Company undertakes no obligation to update these forward -looking statements if management’s beliefs, estimates or opinions,
or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-
looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the
risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure
permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company
will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal
changes that might interfere with the Company’s business and prospects. ; the business and operations of the Company;
unprecedented market and economic risks associated with current unprecedented market and economic circumstances due to the
COVID-19 pandemic, as well as those risks and uncertainties identified and reported in the Company's public filings under its
respective SEDAR profile at www.sedar.com. Accordingly, readers should not place undue reliance on the forward -looking
statements and information contained in this press release. Except as required by law, the Company disclaims any intention an d
assumes no obligation to update or revise any forward -looking statements to reflect actual results, whether as a result of new
information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.