BeMetals Announces Stock Option Grant
TSXV – BMET
January 7, 2020 OTCQB – BMTLF
BeMetals Announces Stock Option Grant
VANCOUVER, CANADA - BeMetals Corp. (“BeMetals” or the “ Company ”) (TSXV: BMET) (OTCQB: BMTLF)
announces that an aggregate of 3.6 million incentive stock options have been granted to officers and
consultants of the Company exercisable at a price of $0.235 per share for a term of 10 years, vesting over
a two year period and subject to the approval of the TSX Venture Exchange.
The Company further announces that it has been advised that Clive Johnson, a director of the Company,
has acquired shares of BeMetals in the public market and has become a 10% holder of the Company o n a
partially diluted basis . Following an acquisition of 40,000 common shares of BeMetals, Mr. Johnson
directly and indirectly holds an aggregate of 9, 715,000 common shares representing 9.26 % of the issued
and outstanding shares of the Company. Mr . Johnson would hold 10,765,000 commo n shares, which
represents 10.16% on a partially diluted basis assuming the exercise of his 300,000 share purchase
warrants and 750,000 stock options. Mr. Johnson acquired these securities for investment purposes and
may in the future acquire or dispose of securities of the Company, through the market, privately or
otherwise, as circumstances or market conditions warrant. An early warning report will be filed by Mr.
Johnson in accordance with applicable securities laws.
ABOUT BEMETALS CORP.
BeMetals' f ounding Directors include John Wilton (President and CEO), Clive Johnson, Roger Richer, and
Tom Garagan. BeMetals is a new base metal s exploration and deve lopment company focused on
becoming a significant base metal producer through the acquisition of quality exploration, development
and potentially production stage projects. The Company is advancing both its early -stage, tier -one
targeted, Pangeni Copper Ex ploration Project in Zambia, and its advanced high- grade, zinc-silver
polymetallic underground exploration at the South Mountain Project in Idaho, USA. The Company’s
growth strategy is led by our strong Board, key members of which have an extensive proven record of
delivering considerable value in the mining sector through the discovery, construction and operation of
mines around the world. The Board, it’s Advisors, and senior management also provide outstanding deal
flow of project opportunities to BeMetal s based upon their extensive network of contacts in the
international minerals business.
ON BEHALF OF BEMETALS CORP.
"John Wilton"
John Wilton
President, CEO and Director
For further information about BeMetals please visit our website at www.bemetalscorp.com and sign-up
to our email list to receive timely updates, or contact:
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Derek Iwanaka
Vice President, Investor Relations & Corporate Development
Telephone: 604-609-6141
Email: [email protected]
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.