Additionally, Lara also announces that pursuant to its stock option plan, 350,000 incentive stock options exercisable at $0.72 per share, for a period of five years, have been granted to officers of the Company. About Lara
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March 14, 2018 (TSX Venture: LRA) - Lara Exploration Ltd., (“Lara” or the “Company”)
announces that pursuant to its stock grant program, 250,000 common shares have been
granted to certain officers of the Company for their ongoing efforts in assisting towards the
continuing exploration success and future goals of the Company . The common shares will be
issued over a period of three years, with the initial tranche of 83,333 shares b eing issued upon
receipt of TSX Venture Exchange approval (the “Exchange”), and a further 83,333 shares on
each of the first and second anniversaries. The shares will be subject to restrictions on transfer
for a period of four months from issuance.
Additionally, Lara also announces that pursuant to its stock option plan, 350,000 incentive stock
options exercisable at $0.72 per share, for a period of five years, have been granted to officers
of the Company.
About Lara
Lara is an exploration company follow ing the Prospect Generator business model, which aims
to minimize shareholder dilution and financial risk by generating prospects and then exploring
them in joint ventures funded by partners. The Company currently holds a diverse portfolio of
prospects and deposits located mostly in Brazil and Peru. Lara’s common shares trade on the
TSX Venture Exchange under the symbol "LRA".
For further information on Lara Exploration Ltd. please consult our website
www.laraexploration.com, or contact Chris MacIntyre, VP Corporate Development, at +1 416
703 0010.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.
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ISSUANCE OF COMMON SHARE STOCK GRANTS
AND INCENTIVE STOCK OPTIONS
TSX-Venture: LRA
501 - 543 Granville Street
Vancouver BC, Canada
V6C 1X8
www.laraexploration.com T: 604.669.8777
F: 604.688.1157
News Release