Wolfden Announces Grant of Options
Wolfden Announces Grant of Options
THUNDER BAY, ON
,
July 21, 2017
/CNW/ - Wolfden Resources Corporation
(WLF:TSX-V) ("Wolfden"
or the
"Company")
today announces that a total of
1,260,000 options to purchase common shares of the Company have been granted to directors, officers, employees and consultants at an exercise price of
$0.14
per share, expiring on
July 20, 2022
.
About Wolfden Resources:
Wolfden is a mineral exploration company holding nickel properties in
Manitoba
and Zn-Pb-Cu base-metal properties in
New Brunswick
(>24,000 hectares).
Manitoba
is ranked #2 in
Canada
and #2 in the world as the most favorable jurisdiction to conduct mining and exploration (Fraser Institute (2016-2017)).
The information in this news release has been prepared and approved by
Donald Hoy
, P. Geo., President and CEO and a director of the Company. Mr. Hoy is also
a Qualified Person under National Instrument 43-101.
This press release contains forward-looking information (within the meaning of applicable Canadian securities legislation) that involves various risks and
uncertainties regarding future events. Such forward-looking information includes statements based on current expectations involving a number of risks and
uncertainties and such forward-looking statements are not guarantees of future performance of the Company, and include, without limitation, statements relating
to plans and results of exploration and the magnitude and quality of the property. There are numerous risks and uncertainties that could cause actual results and
the Company's plans and objectives to differ materially from those expressed in the forward-looking information in this news release, including without limitation,
the following risks and uncertainties; (i) risks inherent in the mining industry; (ii) regulatory and environmental risks; (iii) results of exploration activities and
development of mineral properties; (iv) risks relating to the estimation of mineral resources; (v) stock market volatility and capital market fluctuations; and (vi)
general market and industry conditions. Actual results and future events could differ materially from those anticipated in such information. This forward-looking
information is based on estimates and opinions of management on the date hereof and is expressly qualified by this notice. Risks and uncertainties about the
Company's business are more fully discussed in the Company's disclosure materials filed with the securities regulatory authorities in
Canada
at
www.sedar.com
.
The Company assumes no obligation to update any forward-looking information or to update the reasons why actual results could differ from such information
unless required by applicable law.
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.
SOURCE
Wolfden Resources Corporation
View original content: http://www.newswire.ca/en/releases/archive/July2017/21/c4551.html
%SEDAR: 00033002E
For further information:
Donald Hoy, President and CEO, Wolfden Resources Corporation, Tel: (807) 624-1131, Email: [email protected]
CO: Wolfden Resources Corporation
CNW 06:00e 21-JUL-17