Equitorial Announces Issuance of Options
LEGAL_31616156.1
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION
IN THE UNITED STATES
EQUITORIAL ANNOUNCES ISSUANCE OF OPTIONS
August 1 st, 2019 - Equitorial Exploration Corp, (“Equitorial” or the “Company”)
(TSXV:EXX) announces that it has granted an aggreg ate of 4,000,000 stock options
to its directors, officers, employees and consultants for the purchase of up to
4,000,000 common shares of the Company pursuant to its Stock Option Plan. Each
option is exercisable for a period of 5 years at a price of $0.05 per common share.
About Equitorial Exploration Corp.
Equitorial is aggressively developing four 100% -owned, high -potential, lithium
projects in North America. The Little Nahanni Pegmatite Group (LNPG) is a 43 -101
compliant, hard rock, lithium property in the NWT. The Cat Lake Lithium Property in
Manitoba, Canada, is directly adjacent to the Cat Lake Mineral Project, a highly
prospective Lithium property. The Tule and Gerlach Lithium Brine Projects are
located in lithium -rich Utah and Nevada within easy re ach of the Tesla Gigafactory
#1. All four projects have demonstrated highly encouraging grades.
For more information please visit: http://equitorialexploration.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is def ined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information contact:
Patrick Power
CEO and Director
Equitorial Exploration Corp.
Telephone: (604) 218 8772
LEGAL_31616156.1
Forward-Looking Information
This news release contains certain forward -looking statements within the meaning of Canadian securities laws,
including statements regarding the Stock Options, Private Placement, Cat Lake, Tule, Gerlach and Little
Nahanni Pegmatite Pr ojects: statements pertaining to the ability of Equitorial Exploration Corp.(“EXX”); the
potential to develop resources and then further develop reserves; the anticipated economic potential of the
property; the availability of capital and finance for EXX t o execute its strategy going forward. Forward -looking
statements are based on estimates and assumptions made by EXX in light of its experience and perception of
current and expected future developments, as well as other factors that EXX believes are approp riate in the
circumstances. Many factors could cause EXX’s results, performance or achievements to differ materially from
those expressed or implied by the forward looking statements, including: discrepancies between actual and
estimated results from exploration and development and operating risks, dependence on early exploration stage
concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory
restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on
key employees. Forward -looking statements are based on the expectations and opinions of the Company’s
management on the date the statements are made. The assumptions used in the preparation of such
statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward -looking statements. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking statements whether as a result of new information,
future events or otherwise.
THE FORWARD -LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS
THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND,
ACCORDINGLY, IS SUBJ ECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE
UNDUE IMPORTANCE ON FORWARD -LOOKING INFORMATION AND SHOULD NOT RELY UPON
THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES
NOT UNDERTAKE TO UPDATE THIS INFORMATION AT AN Y PARTICULAR TIME EXCEPT AS
REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.