Demesne Resources Ltd. Grants Stock Options
Demesne Resources Ltd. Grants Stock Options
Vancouver, BC, January 6, 2025 – Demesne Resources Ltd. (CSE:DEME) (OTCQB:DEMRF)
(FSE:RK9) (“Demesne” or the “ Company”) announces an aggregate of 1,660,000 incentive
stock options (the " Options") have been granted to certain consultants and an officer of the
Company in accordance with the Company's stock option plan . The Options are exercisable at a
price of $0.55 per share, vesting will range from immediately to two years and expiring three years
of the date of grant.
ABOUT DEMESNE RESOURCES LTD.
Demesne Resources Ltd. is a British Columbia based company involved in the acquisition and
exploration of magnetite mineral properties. The Company's Star Project consists of five
contiguous mineral titles covering an area of approximately 4,615.75 hectare s located in the
Skeena Mining Division, British Columbia, Canada. The Company has entered into an option
agreement pursuant to which it is entitled to earn an undivided 100% interest in the Star Project.
Demesne has also entered into an option agreement, pursuant to which it can acquire a 100%
interest (subject to a 2% royalty) in and to the IMA Mine Project, a past producing underground
tungsten mine situated on 22 patented claims located in East Central, Idaho, United States.
Social media links:
LinkedIn: https://www.linkedin.com/company/demesneresources/
X: https://x.com/demesneresource
Facebook: https://www.facebook.com/DemesneResources
Instagram: https://www.instagram.com/demesneresources/
YouTube: https://www.youtube.com/@demesneresources
ON BEHALF OF THE BOARD OF DIRECTORS:
Murray Nye
CEO
1055 West Georgia Street, Suite 1500
Vancouver, BC V6E 0B6
Canada
For further information, please contact:
Murray Nye, CEO
Email: [email protected]
Phone: +1 (416) 300-7398
CSE:DEME
OTCQB:DEMRF
FSE:RK9
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of
this release and has neither approved nor disapproved the contents of this press release.
This press release includes "forward -looking information" that is subject to a number of
assumptions, risks and uncertainties, many of which are beyond the control of the Company.
Such statements represent the Company’s current views with respect to future events and are
necessarily based upon a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant business, economic,
competitive, political and social risks, contingencies and uncertaintie s. Many factors, both
known and unknown, could cause results, performance, or achievements to be materially
different from the results, performance or achievements that are or may be expressed or implied
by such forward-looking statements. The Company does not intend, and does not assume any
obligation, to update these forward -looking statements or information to reflect changes in
assumptions or changes in circumstances or any other events affecting such statements and
information other than as required by applicable laws, rules and regulations.