ATAC Resources Ltd.

Published : May 26th, 2017

Announces AGM Results and the Granting of Incentive Stock Options

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Keywords :   Economic | Exploration | Gold | Management | Options | Plan | Stock | Treasury | Work |
ATAC Resources Ltd.

ATAC Resources Ltd. Announces AGM Results and the Granting of Incentive Stock Options

May 26, 2017 � Vancouver, BC � ATAC Resources Ltd. (TSX-V: ATC) (the �Company�) announces that the following matters were approved at the May 25, 2017 Annual General and Special Meeting of Shareholders:

  1. setting the number of directors at six;
  2. the proposed slate of six directors;
  3. the appointment of Davidson & Company, LLP as the Company�s auditors;
  4. the renewal of the Company�s Stock Option Plan; and,
  5. the reconfirmation of the Company�s Shareholder Rights Plan.

Other Business

ATAC also announces that it has granted incentive stock options to directors, officers, employees and consultants, entitling them to purchase up to a total of 3,115,000 common shares at a price of $0.55 for a period of five years, which options will vest on a quarterly basis commencing three months from the date of grant.

About ATAC

ATAC is a Yukon-based exploration company focused on developing Canada�s only Carlin-type gold district at the Rackla Gold Property. Recent work on the ~1,700 km2 project has resulted in a positive Preliminary Economic Assessment for the Tiger Gold Deposit, drilling of multiple high-grade Carlin-type gold zones and the identification of numerous early-stage gold exploration targets. ATAC and Barrick recently partnered to explore the Rackla Gold Property�s Orion Project, with Barrick having the option to earn up to 70% of Orion by spending $55 million in exploration. ATAC is well-financed with approximately $22 million in its treasury and will conduct a $10 million, ~15,000 m drilling exploration program at the Osiris and Rau projects in 2017 (which are not subject to Barrick�s earn-in right), while concurrently working with Barrick to advance the Orion Project.

On behalf of Management and the Board of Directors of ATAC Resources Ltd.

Graham Downs, President and CEO


For further information, please contact:

Vanessa Pickering, Manager, Corporate Communications
ATAC Resources Ltd.
T: 604-687-2522 ext. 260
info@atacresources.com

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 NEWS RELEASE.


View News Release in PDF Format


ATAC Resources Ltd.

EXPLORATION STAGE
CODE : ATC.V
ISIN : CA0464911068
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ATAC is a gold exploration company based in Canada.

ATAC holds various exploration projects in Canada.

Its main exploration properties are MATSON, HARTLESS JOE/BYNG, NIKKI, PANORAMA PROJECT, ARN, GOLDEN REVENUE, ROSY, LOST HORSES, MARS, CONNAUGHT, SEYMOUR, DAWSON, RAU, IDAHO and RACKLA GOLD BELT in Canada.

ATAC is listed in Canada. Its market capitalisation is CA$ 15.4 millions as of today (US$ 12.3 millions, € 10.8 millions).

Its stock quote reached its lowest recent point on December 21, 2001 at CA$ 0.05, and its highest recent level on August 05, 2011 at CA$ 9.83.

ATAC has 122 870 000 shares outstanding.

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Financings of ATAC Resources Ltd.
2/26/2011announces closing of $25 Million Private Placement
2/8/2011Announces $25 Million Private Placement
8/10/2010Closing of Private Placements Totaling $22,076,450
7/16/2010$19.96 Million in Private Placements
3/18/2010Accelerates November 26 Warrants
6/1/2009Private Placement to raise $1,080,000
9/11/2007Nets $489,000 through exercise of warrantsContent-class: urn...
Option Grants of ATAC Resources Ltd.
3/11/2011Grant of 3,315,000 options at $ 7,00
Nominations of ATAC Resources Ltd.
6/14/2010Appoints Bruce Youngman as Director
3/16/2010Appoints Chairman
Project news of ATAC Resources Ltd.
8/10/2016(Rau)Announces Exploration Results from the Rau Trend -Rackla Gol...
4/9/2013Provides Overview of its 2013 Exploration Program at the Rac...
3/21/2013Company Snapshot=3A ATAC Resources (TSX=2DV=3A ATC)
10/24/2012Drills 9.08 g/t Gold over 16.76 Metres at its Anubis Discove...
10/3/2012(Rackla Gold Belt)Discovers Third Area with Carlin-Type Mineralization 13 km N...
9/17/2012Drills 19.85 g/t Gold over 8.51 Metres at its Newest Carlin-...
5/15/2012Announces the Commencement of its 2012 Exploration and Drill...
3/1/2012Announces 2012 Exploration and Drilling Plans for its Rackla...
10/5/2011(Dawson)Reports on Dawson Gold Project Option
10/3/2011Extends Strike Length of Gold Mineralization at Conrad Zone ...
9/13/2011Intersects 188.07 g/t Silver, 8.69% Lead and 6.06% Zinc over...
8/30/2011Cuts 32.01 Metres of 4.25 g/t Gold at Osiris Zone and Trench...
7/6/2011Steps Out 100 Metres at Conrad Zone and Cuts 82.29 Metres of...
6/1/2011(Rackla Gold Belt)Commences Drilling and Exploration at its Rackla Gold Projec...
11/30/2010(Rackla Gold Belt)Makes Additional Gold Discoveries at the Osiris Area
8/5/2010(Rau)Intersects 38.80 metres of 17.11 g/t Gold in Oxide at the Ti...
8/3/2010(Rau)Updates East Zone Drill Results
7/29/2010(Rau)Makes Another Gold Discovery
5/26/2010(Rau)Begins Drilling
11/3/2009(Rau)Intersects 5.11 g/t Gold over 70.80 m
10/19/2009(Rau) Steps Out And Discovers Oxidized Surface Zones And Higher G...
7/7/2009(Rau)Intersects 24 g/t Gold over 28 metres
6/19/2009(Rau)Successfully completes the first 2009 drill hole at Rau Gold...
5/28/2009(Rau)Nearly Triple its Exploration Budget at the Rau Gold Propert...
5/27/2009(Green Gulch)Yellow Gold Properties
5/20/2009(Rau)' Rau Gold Discovery Shares Similarities with Northern Carli...
5/14/2009(Touleary)Stakes More Ground ear Underworld's White Gold Discovery
11/5/2008(Rau)Announces Additional Drill and Exploration Results
8/18/2008(Rau)Confirms Gold Potential at Rau Property with Additional Assa...
Corporate news of ATAC Resources Ltd.
8/2/2016ATAC Resources Ltd. Sells 50% Interest in the Dawson Gold Jo...
7/14/2016ATAC Resources Ltd. Files Preliminary Economic Assessment NI...
6/14/2016ATAC Resources Ltd. Announces Commencement of Drilling – Rac...
6/7/2016ATAC Resources Ltd. Appoints Don Poirier to the Board of Dir...
5/31/2016ATAC Announces Positive Results of an Updated PEA at the Hig...
5/27/2016ATAC Resources Ltd. Announces AGM Results
4/19/2016ATAC Resources Ltd. Announces Private Placement to Finance i...
1/21/2016ATAC Resources Ltd. Announces the Granting of Incentive Stoc...
10/26/2015ATAC Resources Ltd. Provides 2015 Tiger Oxide Gold Deposit U...
10/6/2015ATAC Resources Ltd. Identifies 10 sq/km Gold-in-Soil Anomaly...
8/25/2015ATAC Resources Ltd. Makes New Discovery of 47.24 m of 3.79 g...
6/22/2015ATAC Resources Ltd. Announces Commencement of Drilling - Rac...
3/24/2015Announces 2015 Exploration Program at the Rackla Gold Projec...
3/24/2015ATAC Resources Ltd. Announces 2015 Exploration Program at th...
2/26/2015Yukon Ranks 1st in Mineral Potential and 9th Overall in the ...
9/4/2014ATAC Files Preliminary Economic Assessment NI 43-101 Technic...
8/26/2014ATAC Resources Intersects 30.79 m of 9.50 g/t Gold at Conrad...
6/27/2014ATAC Resources Ltd. Provides Corporate Update
6/16/2014ATAC Resources Ltd. Commences 2014 Exploration at Its Rackla...
4/24/2014ATAC Resources Ltd. Announces Board Approval of A New Shareh...
4/15/2014ATAC Resources Ltd. Announces 2014 Exploration Program at th...
3/24/2014ATAC Resources Ltd. Announces Grant of Agents' Option in Flo...
10/9/2013Drills 68.58 m of 4.23 g/t Gold at Conrad, Rackla Gold Proje...
9/10/2013Drills 16.76 m of 6.76 g/t Gold at Sunrise Rackla Gold Proje...
8/14/2013Drills 15.24 m of 9.83 g/t Gold at Sunrise Rackla Gold Proje...
7/16/2013Graduates to Tier 1 on the TSX Venture Exchange
6/17/2013Commences 2013 Rackla Gold Program
5/31/2013Adopts Advance Notice Policy for Director Nominations
3/22/2013closes $13,000,000 Private Placement with Agnico-Eagle Mines...
3/19/2013announces $13 Million Strategic Investment by Agnico-Eagle M...
1/29/2013Announces the Granting and Re-Pricing of Incentive Stock Opt...
10/17/2012Drills 14.86 m of 10.54 g/t Gold at the New Sunrise Discover...
9/24/2012Drills 16.30 m of 15.73 g/t Gold and 30.12 m of 8.38 g/t Gol...
8/21/2012Intersects 42.93 m of 18.44 g/t Gold at its Rackla Gold Proj...
7/18/2012Intersects 46.06 m of 11.24 g/t Gold at the Conrad Zone, Rac...
7/5/2012raises $15,661,995 Through Bought-Deal Private Placement
6/15/2012to Raise $11.9 Million Through Bought-Deal Private Placement...
12/13/2011Intersects 44.20 m of 4.41 g/t Gold at Osiris and 51.82 m of...
6/13/2011Drills Significant New Silver-Lead-Zinc Discovery at its Oce...
11/30/2010Drilling Confirms Two New Gold Discoveries Along Nadaleen Tr...
1/14/20102010 Exploration Plans
11/30/2009Closes $9.1 Million Financing
11/5/2009to raise $8.2 million
9/23/2009Steps Out and Drills 23.01 g/t over 20.67 metres.
9/15/2009Receives Excellent Gold Recoveries From Cyanide Leach Tests
8/11/2009Drills 15.64 g/t gold over 16.76 m and adds Third Drill
6/10/2009Options Out Four Gold Properties Near Underworld's White Gol...
11/7/2008Provides Drill Results From its Hopeful Silver Property
8/6/2008Makes Major Gold Discovery on its Wholly Owned Rau Property
3/20/2008 Farms-out 3 more properties
11/30/2007CONNAUGHT SILVER PROPERTY EXPANDS
11/15/2007 Builds Management and Provides Project UpdateContent-class:...
8/23/2007Renegotiates Golden Revenue
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