Zephyr Minerals Grants Stock Options
ZEPHYR MINERALS GRANTS STOCK
OPTIONS
Trading Symbol: TSX-V: ZFR OTC-ZPHYF
Shares Outstanding: 71,086,985
HALIFAX
, NS
,
Jan. 17, 2023
/CNW/ - Zephyr Minerals Ltd. (TSXV: ZFR) ("
Zephyr
" or the
"
Company
") has granted 1,200,000 stock options to consultants and directors and officers of the
Company. The stock options are exercisable at a price of
$0.11
per share for a term of five years
expiring
January 17, 2028
. The options are granted in accordance with the Company's incentive
stock option plan and as set forth by the TSX Venture Exchange ("TSX-V") policy and are subject to
the approval of the TSX-V.
About Zephyr Minerals Ltd.
Zephyr Minerals Ltd. is active in mineral exploration in
Colorado, USA
and
Zimbabwe
. In Colorado
Zephyr has been focused on mine permitting activities at its 100% owned Dawson gold property,
which is presently in hiatus pending the collection and submission of additional water well data and
satisfying certain other environmental related questions. The additional required water wells are still
in the planning stage and will be drilled once available funds are in hand. Upon collection of the
additional data the Company plans to reapply for a mining permit at Dawson.
In
Zimbabwe
the Company is working to build a mineral property portfolio and to this end has
applied for two Exclusive Prospecting Orders covering 124,000 hectares. Zephyr is actively
assessing additional mineral opportunities in
Zimbabwe
on an ongoing basis.
Zimbabwe
boasts
favourable foreign ownership rules for mineral properties as well as prospective, underexplored
Archean greenstone belts.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release. The forward-looking statements contained in this document may include estimates, plans,
expectations, opinions, forecasts, projections, guidance or other statements that are not statements
of fact. The forward-looking statements contained in this document are made as of the date hereof
and the Company undertakes no obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.
SOURCE
Zephyr Minerals Ltd.
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http://www.newswire.ca/en/releases/archive/January2023/17/c9106.html
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For further information:
Zephyr Contact Information: Loren Komperdo, President & CEO, or, Will
Felderhof, Executive Chairman, T: 902 706-0222, [email protected]
CO: Zephyr Minerals Ltd.
CNW 09:20e 17-JAN-23