Deep-South Grant Options
Suite 888, 700 West Georgia, Vancouver, British Columbia, V7Y1G5
Tel: 604-340-0140. E-mail : [email protected]
Web site: http://www.deepsouthresources.com
DEEP-SOUTH GRANT OPTIONS
Vancouver, B.C., Canada – July 10, 2020 – Deep-South Resources Inc. ("Deep-
South" or “the Company") (TSX-V: DSM – Frankfurt: DSD) announces that it has
Deep-South has granted an aggregate of 750,000 stock options of the Company. All the
options have been granted to Consultants of the Company. Each option entitles its holder
to purchase one common share of the Company at a price of $0.135 per share for a three-
year period. In accordance with the policy of the Company, the options are vesting every 6
months for a period of 24 months. Options are granted in accordance with Policy 4.4 of the
TSX Venture Exchange and the terms and conditions of the Company's stock option plan.
About Deep-South Resources Inc.
Deep-South Resources Inc. is a mineral exploration company largely held by
Namibian shareholders and Management with 24% and Teck Resources Ltd with 23%
of Deep-South share capital.
Deep-South currently holds 100% of the Haib Copper project in Namibia, one of the
largest copper porphyry deposits in Africa. Deep-South also holds an investment of
75% in the Kapili Tepe Copper exploration project in Turkey. Deep-South’s growth
strategy is to focus on the exploration and development of quality assets, in significant
mineralized zones, close to infrastructure, in stable countries.
This press release contains certain "forward-looking statements," as identified in Deep- South’s periodic
filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be
no assurance that such statements will prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements. 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.
More information is available by contacting Pierre Léveillé, President & CEO at
+1-819-340-0140 or at: [email protected] or Paradox Public Relations at
+1-514-341-0408