Pacific Empire Minerals Announces Grant of Options
Pacific Empire Minerals Announces Grant of Options
October 1, 2019 - Vancouver, BC, Canada - Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB:
PEMSF) (“Pacific Empire”, “PEMC” or the “Company”) , a hybrid prospect generator focused in British
Columbia announces that the Company has granted a total of 1,500,000 incentive stock options to various
directors, officers, employees, and consultants of the Company. The stock options were granted on
September 23, 2019 with an exercise price of $0.08 per share for a three-year period from the date of grant
and vest quarterly over a 12-month period. The stock options granted are subject to the acceptance of the
TSX Venture Exchange.
About Pacific Empire Minerals Corp.
PEMC is an exploration company based in Vancouver, British Columbia, that employs a "hybrid prospect
generator" business model and trades on the TSX Venture Exchange under the symbol PEMC and on the
OTCQB Markets under the symbol PEMSF.
By integrating the project generator business model with low-cost reverse circulation drilling, the company
intends to leverage its portfolio by identifying, and focusing on, the highest quality projects for partnerships
and advancement.
The Company is focused on advancing its 100% owned Pinnacle Porphyry Project. The Pinnacle Porphyry
Project covers 14,040 hectares and incorporates the Company’s NWT and Pinnacle Reef properties into
one contiguous land position. A reverse circulation drill program is anti cipated to begin in the coming
weeks.
ON BEHALF OF THE BOARD,
“Brad Peters”
President and Chief Executive Officer
Pacific Empire Minerals Corp.
Tel: +1-604-356-6246
www.pemcorp.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this rele ase.
Forward-Looking Statements
Information set forth in this news release may involve forward -looking statements under applicable
securities laws. Forward-looking statements are statements that relate to future, not past, events. In this
context, forward-looking statements often address expected future business and financial performance, and
often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements
that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, included herein including, without
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limitation, are forward-looking statements. By their nature, forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause our actual results, performance or
achievements, or other future events, to be materially different from any future results, performance or
achievements expressed or implied by such forward -looking statements. Such factors include, among
others, the following risks: the need for additional financing; operational risks associated with mineral
exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance;
reliance on key personnel; the potential for conflicts of interest among certain officers, directors or
promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified the management discussion and analysis
section of our interim and most recent annual financial statement or other reports and filings with the TSX
Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made
based on management's beliefs, estimates and opinions on the date that statements are made, and the
Company undertakes no obligation to update forward -looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by applicable securities laws. Investors
are cautioned against attributing undue certainty to forward-looking statements.