CopperBank Grants Stock Options
FOR IMMEDIATE RELEASE February 9, 2015 (EMT 2015 - NR #1)
CopperBank Grants Stock Options
Vancouver, Canada – February 9, 2015 – CopperBank Resources Corp. (“CopperBank” or the “Company”, CSE.CBK) announces that it has granted an aggregate of 4,950,000 incentive stock options (the “Options”) to directors, officers and consultants of the Company, with an exercise price of $0.10 per share. The Options can be exercised for a period of five years from the date of grant and expire on February 5, 2020. The Options are subject to the policies of the Canadian Securities Exchange and contain vesting provisions whereby 25% of the options vest immediately and an additional 25% vest every six months thereafter.
“The first stock options granted to directors, officers and consultants of CopperBank are at a 100% premium to the current trading price which aligns the CopperBank team with all its shareholders“ commented Gianni Kovacevic, Executive Chairman of the Company.
On behalf of CopperBank Resources Corp.
“Gianni Kovacevic”
Executive Chairman
Address: Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2 Tel: 604-889-0852 E-mail: [email protected] Website: www.copperbankcorp.com
Certain information in this release, including regarding the listing of the CopperBank Shares and Arrangement Warrants on the CSE and commencement of trading of securities of CopperBank, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although CopperBank 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 developments may differ materially from those in the forward-looking statements. For more information on each of CopperBank and the risks and challenges of its businesses, investors should review the information circular dated September 12, 2014 and its other continuous disclosure filings that are available under CopperBank’s profile at www.sedar.com.