Nevada Organic Phosphate Announces Stock Option Grant
Nevada Organic Phosphate Announces Stock Option Grant
Vancouver, British Columbia, January 18, 2024. Nevada Organic Phosphate Inc.
(“NOP” or the “Company) (CSE: NOP), a B.C. based company engaged in the
exploration for organic sedimentary raw rock phosphate in Nevada, is pleased to
announce it has approved the issuance of 2, 000,000 stock options to certain officers,
directors, and consultants of the Company for the purchase of up to 2, 000,000 common
shares in the capital of the Company pursuant to the Company’s Stock Option Plan.
Each option vested immediately and is exercisable for a period of five (5) years at an
exercise price of $0.075 per share.
Nevada Organic Phosphate Inc.
NOP is a junior exploration company with a sedimentary rock phosphate property (the
“Murdock Property”) hosting a nearly flat lying sedimentary bed of known phosphate
mineralization in NE Nevada.
The increasing interest in organic and sustainable agriculture practices has contributed
to the demand for organic fertilizers, including those derived from rock phosphate.
Organic rock phosphate is often marketed as a fertilizer that not only provides
phosphorus but also contributes to overall soil health.
The Issuer aims to be one of the only certified organic rock phosphate producers with
large scale potential in North America. The Murdock Property is situated adjacent to a
main highway and the rail head to California.
For More Information
Robin Dow, CEO
T: 604.355.9986
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applicable securities laws. FLSI may include expectations, anticipations, beliefs, opinions, plans, intentions,
estimates, forecasts, projections, guidance or other similar statements and information that are not historical
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anticipated use of proceeds of the Offering. All FLSI is based on assumptions, which may prove inaccurate,
and subject to certain risks and uncertainties, including without limitation those risks and uncertainties
identified in the Company’s public securities filings, which may cause actual events or results to differ
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unless required by applicable securities laws. Any FLSI in this news release is expressly qualified in its
entirety by this cautionary statement.