Margaux Resources Announces Grant of Stock Options
NOT FOR DISSEMINATION IN THE UNITED STATES
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NEWS RELEASE
Margaux Resources Announces Grant of Stock Options
CALGARY, ALBERTA -- (June 25, 2019)
Calgary, Alberta - (Newsfile Corp. – June 25, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF)
("Margaux" or the "Company") is pleased to announce it has granted an aggregate of 3,975,000 Common
Share purchase options in accordance with the Company’s shareholder approved stock option plan. These
stock options include 1,500,000 options to directors, being Messrs. James Letwin, Robert Derkitt, Douglas
Foster and Chris Stewart; 825,000 to officers, being Messrs. Tyler Rice and Don Nguyen; 62 5,000 to the
advisory committee; and the balance to consultants.
The stock options are exercisable at a price of $0. 10 per share and expire in five years. The options will
vest over a period of three years, with 1/3 of the options vesting immediately, and 1/3 vesting at the end
of each the first and second anniversary of the date of grant.
About Margaux Resources Ltd.
Margaux Resources Ltd. (TSX.V: MRL, OTCQB: MARFF) is a mineral acquisition and exploration company
focused on gold exploration in British Columbia, and is directed by a group of highly success ful Canadian
business executives.
Forward Looking Statements
This press release may contain forward looking statements including those describing Margaux's future
plans and the expectations of management that a stated result or condition will occur. Any statement
addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can
differ materially from those anticipated by management at the time of writing due to many factors, the
majority of which are beyond the control of Margaux and its management. In particular, this news release
contains forward-looking statements pertaining, directly or indirectly, to the following: Margaux's
exploration plans and work commitments, the timing and receipt of required approvals, the timing of
issuance of the Margaux Shares, the ability of Margaux to complete its obligations under the Option
Agreement, the existence of and ability to recover material quantities of mineral resources, and economic
factors, business and operations strategies. Readers are cautioned that the foregoing list of risk factors
should not be construed as exhaustive. These statements speak only as of the date of this release or as of
the date specified in the docum ents accompanying this release, as the case may be. The Company
undertakes no obligation to publicly update or revise any forward -looking statements except as expressly
required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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NOT FOR DISSEMINATION IN THE UNITED STATES
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CONTACT INFORMATION
Margaux Resources Ltd.
Tyler Rice
President, CEO and a Director
(403) 537-5590