Castle Silver Grants Stock Options
Castle Silver Grants Stock Options
December 5, 2017 ‐ Castle Silver Resources Inc. (TSX.V: CSR, OTC: TAKRF, FRANKFURT:
4 T 9 B ) ( t h e “ C o m p a n y ” o r “ C S R ” ) a n n o u n c e s i t h a s g r a n t e d s t o c k options to its directors,
officers, employees and consultants to purchase an aggregate of 2,550,000 common shares
in the capital of the Company. The stock options are exercisabl e for a term of five years at
an exercise price of $0.30 per share. All stock options are gr anted in accordance with the
t e r m s o f t h e C o m p a n y ’ s S t o c k O p t i o n P l a n a n d t h e p o l i c i e s o f t he TSX Venture Exchange
and will be subject to a hold period of four months and one day.
About Castle Silver Resources
The Castle Silver mine, Beaver mine and Violet mine are three o f the most advanced
properties in the Cobalt Camp. While they comprise only 2,800 h ectares they are sources of
high‐grade cobalt that can quickly be developed into a shovel‐ready state. The company
also has the Re‐2OX process which has been pilot‐plant‐tested to separate the various
metals that comprise the mineralization in the Cobalt Camp vein systems. The company has
been to Japan and China to meet with buyers of cobalt‐based salts that are used in the
l ith iu m b attery m a rke t. S tu dies a re u nde rwa y to dev el o p a m il l ing processing facility and
leach plant on one of the Castle Silver Resources’ properties.
“Frank J. Basa”
Frank J. Basa P. Eng.
President and Chief Executive Officer
For further information, contact:
Frank J. Basa, P. Eng., President and CEO at 1‐819‐797‐4144, or
Wayne Cheveldayoff, Investor Relations, [email protected], 416‐710‐2410
Neither the TSX Venture Exchange nor its Regulation Service Prov i d e r ( a s t h a t t e r m i s d e f i n e d i n
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release. This news release may contain forward‐looking statements including but not limited to
c o m m e n t s r e g a r d i n g t h e t i m i n g a n d c o n t e n t o f u p c o m i n g w o r k p r o grams, geological
interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward‐
looking statements address future events and conditions and the refore, involve inherent risks and
uncertainties. Actual results ma y differ materially from those currently anticipated in such
statements.
Castle Silver Resources Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6