Azucar Minerals Ltd. Grants Stock Options
Azucar Minerals Ltd. Grants Stock Options
VANCOUVER, British Columbia, Aug. 17, 2018 -- Azucar Minerals Ltd. ("Azucar" or the "Company") (TSX-V: AMZ; OTCQX:
AXDDF) announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees and
consultants of the Company to purchase an aggregate 3,959,200 common shares in the capital of the Company at an
exercise price of $0.60 per share which expire on April 28, 2021.
About Azucar
Azucar is an exploration company with a mandate to thoroughly explore the El Cobre project in Veracruz, Mexico, an ~7,300
Ha property which covers multiple gold-rich porphyry targets, as demonstrated by recent drilling. Azucar is permitted and
funded for active drill campaigns in 2018 and 2019. Azucar holds a 100% interest in the El Cobre project, subject to net
smelter returns (“NSR”) royalty interests, assuming production from the property exceeds 10,001 tonnes per day of ore,
totaling 2.25% which can be reduced to 2.0% though the payment of US$3.0 million.
On behalf of the Board of Directors,
“Morgan Poliquin”
Morgan J. Poliquin, Ph.D., P.Eng.
President, CEO and Director
Azucar Minerals Ltd.
Neither the 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.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons
unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is
available.
Contact Information:
Azucar Minerals Ltd.
Tel. 604.689.7644
Email: [email protected]
http://www.azucarminerals.com/