K92 Mining Announces Stock Options Grant
Suite 488 – 1090 West Georgia Street
Vancouver, British Columbia
Canada V6E 3V7
Telephone: (604) 687-7130
Facsimile: (604) 608-9110
NEWS RELEASE
April 30, 2018 Vancouver, British Columbia
K92 MINING ANNOUNCES STOCK OPTIONS GRANT
K92 Mining Inc. (“K92” or “the Company” ) (TSXV: KNT; OTCQB: KNTNF ) announces the
grant of 2,230,000 stock options to directors, officers, employees and consultants of the
Company, pursuant to the terms of the Company’s Stock Option Plan. The options are
exercisable at $0.85 per share, expire on April 30, 2023, and vest in quarterly increments over 12
months from the date of grant.
About K92 Mining Inc.
K92 Mining achieved Commercial Production from the Kainantu Gold Mine located in the
Eastern Highlands of Papua New Gu inea in January 2018. Production is focused on the high
grade Kora Deposit. The Company has an extensive underground drilling and exploration
program aimed at significantly expanding the known Kora resource, while also evaluating the
expansion of the capac ity of the Kainantu Mine to double the current production levels.
Regionally, K92 has exploration leases covering over 400 square kilometres surrounding the
mine and is actively exploring for extensions of known deposits and high -grade vein systems in
the immediate vicinity of the Mining Lease. In addition, the Company has an extensive
exploration program aimed at systematically evaluating the numerous identified porphyry copper
gold targets in its leases as well as identifying new ones.
ON BEHALF OF K92 MINING INC.
John Lewins
Chief Executive Officer and Director
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 STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This
news release may include certain “forward -looking statements” under applicable Canadian
securities legislation. Forward -looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual results and future events to
differ materially from those expressed or implied by such forward -looking statements. All
statements that address future plans, activities, events or developments that the Company
believes, expects or anticipates will or may occur are forward -looking information, including
statements regarding the realization of the prelimi nary economic analysis for the Company’s
Kainantu Gold Mine and exploration projects, expected continued commercial production at the
the Kainantu Gold Mine, expectations of future cash flows, the proposed plant expansion,
potential expansion of resources and the generation of further drilling results which may or may
not occur. Forward -looking statements and information contained herein are based on certain
factors and assumptions regarding, among other things, the market price of the Company’s
securities, metal prices, exchange rates, taxation, the estimation, timing and amount of future
exploration and development, capital and operating costs, the availability of financing, the
receipt of regulatory approvals, environmental risks, title disputes, failure of plant, equipment or
processes to operate as anticipated, accidents, labour disputes, claims and limitations on
insurance coverage and other risks of the mining industry, changes in national and local
government regulation of mining operations, and regul ations and other matters.. There can be no
assurance that such statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward -looking statements. The Company disclaims any intention or
obligation to update or revise any forward -looking statements, whether as a result of new
information, future events or otherwise, except as required by law.