Srg Mining Inc. Announces Grant of Stock Options
1
SRG Mining Inc.
1320 Graham, Suite 132
Ville Mont-Royal, Québec
H3P 3C8
PRESS RELEASE FOR IMMEDIATE RELEASE
SRG MINING INC. ANNOUNCES GRANT OF STOCK OPTIONS
Montreal, Quebec, May 12, 2020 – SRG Mining Inc. (TSXV: SRG) (“SRG” or the “Company”)
is pleased to announce that, pursuant to its Stock Option Plan and subject to regulatory
acceptance, it has granted an aggregate total of 1,108,493 incentive stock options to certain
directors, officers and consultants of the Company, subject to certain vesting provisions. These
options will be exercisable at a price of $0.37 per common share and will expire on May 11, 2030.
ABOUT SRG MINING
SRG Mining is a Canadian -based mining company focused on developi ng the Lola graphite
deposit located in the Republic of Guinea, West Africa. SRG is committed to operating in a
socially, environmentally, and ethically responsible manner.
For additional information, please visit SRG’s website at www.srgmining.com.
Or contact:
Ugo Landry-Tolszczuk
Email: [email protected]
Benoit La Salle, FCPA FCA
Email:
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS
This press release contains "forward -looking information" within the meaning of Canadian
securities legislation. All information contained herein that i s not clearly historical in nature may
constitute forward -looking information. Generally, such forward -looking information can be
identified by the use of forward-looking terminology such as “firm”, “anticipated”, “potential”, “will”,
“continue”, “demonstrate”, “deliver”, “believe”, or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would" or "might". Forward -looking
information is subject to known and unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements of the Company to be materially
different from those expressed or implied by such forward -looking information, including but not
2
limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the
possibility of write-downs and impairments; (iv) the risk associated with exploration, development
and operations of mineral deposits and mine plans for the Company’s mining operations; (v) the
risk a ssociated with establishing title to mineral properties and assets including permitting,
development, operations and production from the Company’s operations being consistent with
expectations and projections; (vi) fluctuations in commodity prices, finding offtake takers and
potential clients or enforcing such agreements against same and other risks and factors described
or referred to in the section entitled "Risk Factors" in the MD&A of the Company and which is
available at www.sedar.com, all of which should be reviewed in conjunction with the information
found in this news release.
Although the Company has attempted to identify important factors that could cause actual results
to differ materially from those contained in the forward -looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no
assurance that such forward-looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such forward -looking information.
Such forward-looking information has been provided for the purpose of assisting investors in
understanding the Company's business, operations and exploration plans and may not be
appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-
looking information. Forward-looking information is given as of the date of this press release, and
the Company does not undertake to update such forward -looking information except in
accordance with applicable securities laws.