December 22, 2017–Vancouver, BC: Silver Grail Resources Ltd. (“Silver Grail”) ( (“SVG”-TSX-V) is pleased to announce the grant of stock options to directors of the Company.
In accordance with its stock option plan, the Company has granted directors options to purchase 1,900,000 shares of the Company at a price of $0.07 per share. The closing price of the Company on September 22, 2017 was $0.055. The options are exercisable until September 21, 2022. The stock option plan is a fixed 10% plan. Both the stock option plan and the grant of the options are subject to the approval of the TSX Venture Exchange.
“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 financial 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. Actual 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 becomes available.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.