Resouro Announces Grant of Options
Resouro Announces Grant of Options
Toronto, Ontario – June 14, 2023 - Resouro Gold Inc. (TSXV: RAU) (FSE: BU9) (“Resouro” or
the “Company”) is pleased to announce that the Company has issued 4,560,000 common
share purchase options (the "Options") pursuant to the Company's stock option plan (the
"Plan").
The Company issued 4,560,000 Options to certain directors, officers, employees, and
consultants of the Company, who are eligible to receive the Options under the Plan. Each
Option grants the holder the right to purchase one Common Share at a purchase price
of $0.175 per Common Share for a period of 5 years from the date of issue. The Options have
varying vesting periods.
The grant of the Options is subject to the approval of the TSX Venture Exchange.
About Resouro Gold Inc.
Resouro is a Canadian-based mineral exploration and development company focused on the
discovery and advancement of economic mineral projects in Brazil, including the Novo Mundo
Gold Project in Mato Grosso and the Tiros Titanium-REE Project in Minas Gerais. Learn more
about the Company on its website: https://resouro.com.
On behalf of the Board of Directors,
Chris Eager, President & CEO
RESOURO GOLD INC.
For further information, please contact the Company at:
Chris Eager, CEO
For Investor inquiries
416-642-1807
Disclaimer
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-
looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate",
"estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular,
forward-looking information in this press release includes, but is not limited to, statements with respect to the completion of
the titanium-REE project acquisition, closing of the placement, expected terms of the placement, the number of securities of
Resouro that may be issued in connection with the transaction, and the parties' ability to satisfy closing conditions and receive
necessary approvals. Although we believe that the expectations reflected in the forward-looking information are reasonable,
there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance
or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in
part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made
and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause
the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general
economic conditions in Canada and globally; industry conditions, including governmental regulation and environmental
regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the
availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market
volatility; liabilities inherent in the mining industry; competition for, among other things, skilled personnel and supplies;
incorrect assessments of the value of acquisitions; geological, technical, processing and transportation problems; changes in
tax laws and incentive programs; failure to realize the anticipated benefits of acquisitions and dispositions; and the other
factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We
undertake no duty to update any of the forward-looking information to conform such information to actual results or to
changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to
place undue reliance on forward-looking information.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
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 release.