Vulcan Minerals Inc. – Appoints New Director and Stock Options Granted
333 Duckworth Street, St. John's, NL, A1C 1G9
Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca
News Release
August 28, 2020
Vulcan Minerals Inc. – Appoints New Director and Stock Options Granted
St. John’s Newfoundland and Labrador - Vulcan Minerals Inc. (“the Company” -
“Vulcan” TSX-V: VUL) announces that Fraser H. Edison has been appointed to the
board of directors. Mr. Edison is President and a significant owner of Rutter Inc., a
global private enterprise specializing in innovative marine solutions. Mr. Edison
has extensive experience in finance, construction, oil and gas, and transportation
management. He is currently Chairman of the Newfoundland and Labrador Liquor
Corporation, a board member of Newfoundland and Labrador Hydro and AIF
Advisory (ACOA). He is Past Chairman of the St. John’s International Airport
Authority and has served on the board of the Oceanex Income Trust. Fraser is also
a board member of Red Moon Resources Inc., a subsidiary of Vulcan.
The Company also announces that it has granted 700,000 Directors stock options
(options) exercisable at $0.10 for a period of five years. Fifty percent of the options
vest immediately and fifty percent vest on December 31, 2021. The Company has
reserved 8,135,276 listed shares for issuance under its stock option plan, of which
4,725,000 options have been issued prior to the current issue.
We seek Safe Harbor.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of this release. This release may contain certain forward -looking statements. Actual
events or results may differ from the Company’s expectations. Certain risk factors beyond the
Company’s control may affect the actual results achieved. Accordingly, readers are advised not
to place undue reliance on forward-looking information. Except by law, the Company undertakes
no obligation to publicly update or revise forward-looking information.
333 Duckworth Street, St. John's, NL, A1C 1G9
Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca
For information please contact:
Patrick J. Laracy, President
(709) 754-3186
www.vulcanminerals.ca