The Company also announces that stock options previously granted to directors and consultants on
SILVER GRAIL RESOURCES LTD.
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.silvergrail.com
NEWS RELEASE--- STOCK OPTION PLAN ADOPTED; STOCK OPTIONS CANCELLED
June 18, 2018--Vancouver, BC: Silver Grail Resources Ltd. (“Silver Grail”) ( (“SVG”-TSX-V)
is pleased to announce the adoption of a fixed, less than or equal to 10%, stock option plan which will
replace the Company’s old stock option plan. Under the terms of the new plan, up to 2,777,462
shares will eligible for grants to directors, employees and consultants of the Com pany. The plan is
subject to regulatory approval.
The Company also announces that stock options previously granted to directors and consultants on
December 23, 2017 were not properly executed and hence are void ab initio; all the original granttOnce
the new stock option plan is approved by regulatory authorities, new stock options will be granted.
Respectfully:
“Dino Cremonese, P.Eng.”
President, Silver Grail Resources Ltd.
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This news release includes certain forward -looking statements concerning the future performance of our business, its
operations and its fi nancial performance and condition, as well as management’s objectives, strategies, beliefs and
intentions. Forward -looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”,
“anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are
based on the current opinions and expectations of management. All forward -looking information is inherently uncertain
and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and
development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail
in our recent securities filings available at www.sedar.com. Actua l events or results may differ materially from those
projected in the forward looking-statements and we caution against placing undue reliance thereon. Silver Grail Resources
Ltd. does have an ongoing obligation to disclose material information, as it beco mes available.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.