North PEAK Announces Grant of Stock Options
NORTH PEAK ANNOUNCES GRANT OF
STOCK OPTIONS
CALGARY, AB
,
Dec. 17, 2021
/CNW/ -
North Peak Resources Ltd.
(TSXV: NPR) (the
"
Company
") announces the grant of incentive stock options to acquire a total of 200,000 common
shares of the Company at an exercise price of
$1.90
per share, with such options to vest as to one-
half immediately and the remaining one-half on the first-year anniversary of the date of grant. The
options expire five years from the date to grant. These options were granted to directors and
officers of the Company.
About North Peak
The Company is a Canadian based gold exploration and development company that is listed on the
TSX Venture Exchange under the symbol "NPR". The Company holds an option to acquire the 2,733-
acre Black Horse gold and silver property located 50 miles east of Ely within the Black Horse mining
district in White Pine County, Nevada. See the Company's
December 6
and 13, 2021 press
releases for additional information.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
:
This news
release includes certain "forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements include, but are not limited to,
statements regarding the
plans, intentions, beliefs, and current expectations of the Company with respect to the future
business activities and operating performance of the Company that may be described herein
.
Forward-looking statements consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions regarding the future. Such
information can generally be identified by the use of forwarding-looking wording such as "may",
"expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or
similar variations. Readers are cautioned not to place undue reliance on forward-looking
statements, as there can be no assurance that the plans, intentions or expectations upon which
they are based will occur.
By their nature, forward-looking statements involve numerous assumptions, known and unknown
risks and uncertainties, both general and specific, that contribute to the possibility that the
predictions, estimates, forecasts, projections and other forward-looking statements will not occur.
These assumptions, risks and uncertainties include, among other things, the state of the economy
in general and capital markets in particular,
accuracy of assay results, geological interpretations
from drilling results, timing and amount of capital expenditures; performance of available
laboratory and other related services, future operating costs, and the historical basis for current
estimates of potential quantities and grades of target zones,
as well as those risk factors discussed
or referred to in the Company's Management's Discussion and Analysis for the year ended
December 31, 2020
, and the period ended
September 30, 2021
available at
www.sedar.com
,
many of which are beyond the control of the Company. Forward-looking statements contained in
this press release are expressly qualified by this cautionary statement.
The forward-looking statements contained in this press release are made as of the date of this
press release. Except as required by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Additionally, the Company undertakes no obligation to
comment on the expectations of, or statements made by, third parties in respect of the matters
discussed above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
SOURCE
North Peak Resources Ltd.
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http://www.newswire.ca/en/releases/archive/December2021/17/c6497.html
%SEDAR: 00032415E
For further information:
Brian Hinchcliffe, CEO, Phone: +1-647-424-2305, Email:
[email protected], Website: www.northpeakresources.com; Chelsea Hayes, Director,
Phone: +1-647-424-2305, Email: [email protected]
CO: North Peak Resources Ltd.
CNW 11:18e 17-DEC-21