Damara grant options
The press wire – July 15, 2021 – DAMARA GOLD CORP. (TSXV: DMR) (“Damara” of the “Company”), ad as of today, it granted a total of 2,300,000 stock options (the “Options”) to its directors, officers, consultants and employees of the Company.
The options may be exercised for a period of five years at a price of $ 0.08 per common share in accordance with the terms of the Company’s 10% stock option plan approved by shareholders on June 29, 2021.
Damara Gold Corp. is a TSX-listed mining exploration company actively focused on exploring the Placer Mountain gold property, located in Princeton, British Columbia, owned by 75% / 25% JV with Universal Copper Ltd . Damara’s board of directors is seasoned in the mineral exploration industry with extensive and successful international experience.
ON BEHALF OF THE BOARD OF DIRECTORS OF DAMARA
Larry Nagy, Managing Director
For more information, visit the Damara website at www.damaragoldcorp.com or contact:
Damara Gold Corp.
Chief executive officer
Phone : (250-241-5692)
Forward-looking information disclaimer
This press release contains statements that constitute “forward-looking information”, as that term is used in applicable Canadian securities laws. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or developments in the industry to differ materially from the anticipated results, performances or achievements. expressed or implied by this forward-looking information. information search. Forward-looking information includes statements that are not historical fact and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends to”. “,” Believes “,” projects, “” potential “and similar expressions, or that events or conditions” will “,” would “,” could “,” could “or” should “occur.
Although the Company believes that the forward-looking information contained in this press release is reasonable based on the information available at the date hereof, by its nature, forward-looking information involves known and unknown assumptions and risks, uncertainties and other factors that could cause our actual results. , the level of activity, performance or achievements, or other future events, are materially different from any future result, performance or achievement expressed or implied by such forward-looking information.
Examples of such assumptions, risks and uncertainties include, but are not limited to, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relations with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the company‘s the ability to access sufficient capital from internal and external sources, and / or the inability to access sufficient capital on favorable terms; the mining industry and markets in Canada and in general; the Company’s ability to implement its business strategies; competition; the risk that one of the assumptions turns out to be invalid or reliable, which could lead to delays or the stoppage of planned work, the risks associated with the interpretation of the data, the geology, the grade and the continuity of the deposits minerals, the possibility that the results may not be in line with the Company’s expectations, as well as other assumptions, risks and uncertainties applicable to mineral exploration and development activities and to the Company, including those set out in the Company’s public disclosure documents filed on the SEDAR website at www.sedar.com.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS DAMARA’S EXPECTATIONS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT ATTACH ANY IMPORTANCE TO FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY ON SUCH INFORMATION AT ANY OTHER DATE. ALTHOUGH DAMARA MAY CHOOSE, IT DOES NOT COMMIT TO UPDATING THIS INFORMATION AT ANY SPECIAL TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
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 press release.