MONTREAL, March 12, 2021 / CNW / – AM Sources Company (“A M“or the”society“) (TSXV: AMR) (Frankfurt: 76A) is happy to announce that it has settled its beforehand introduced debt settlement within the whole quantity of $ 1,138,631 by issuing a complete of 18,460,184 shares to an arm’s size creditor.

Granting of choices

The Firm can be happy to announce that it has granted a complete of 4,050,000 incentive inventory choices to administrators, officers and consultants beneath the inventory possibility plan of the Firm. AM (the “PlanThe choices, topic to the phrases of the plan and the corresponding possibility settlement, could also be exercised at a value of CAD $ 0.06 per share for a most interval of 5 years expiring on March 12, 2026.

ABOUT AM RESOURCES CORP.

AM Sources Corp. is a mining exploration firm with pursuits in coal and pure bitumen tasks in Colombia. AM guess on Colombia wonderful mineral potential and favorable local weather to proceed his Colombian journey.

Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.

Ahead-looking statements

This press launch incorporates forward-looking statements. Ahead-looking statements contain identified and unknown dangers, uncertainties and different components which will trigger AM’s precise outcomes, efficiency or achievements to vary materially from any future outcomes, efficiency or achievements expressed or implied. by forward-looking statements. Usually, however not all the time, forward-looking statements might be recognized by means of phrases reminiscent of “expects”, “expects” or “doesn’t anticipate”, “is anticipated”, “believes”, “a l ‘intention “,” anticipates “or” doesn’t anticipate “, or” believes “, or variations of those phrases and expressions or declares that sure actions, occasions or outcomes” might “,” might “,” can be “,” might “or” be “undertaken, happen or be achieved. Accordingly, readers shouldn’t place undue reliance on any forward-looking statements and knowledge contained on this press launch. As a result of forward-looking statements and knowledge relate to future occasions and circumstances, by their very nature they contain inherent dangers and uncertainties.

Precise outcomes might differ materially from these presently anticipated on account of various components and dangers. Readers are cautioned that the above record of things just isn’t exhaustive. The forward-looking statements contained on this press launch are made as of the date of this press launch and, due to this fact, are topic to alter after such date.

AM assumes no obligation to replace or revise any forward-looking statements, written or oral, which can be made every so often by us or on our behalf, besides as required by relevant legislation.

SOURCE AM Sources Corp.

For additional info: David Grondin, President and Chief Govt Officer, 1-514-360-0576, www.am-resources.com