Resources Inc. (TSX VENTURE:EXS
- News)is pleased to
announce that it has granted 750,000 non-transferable incentive stock options
to Union Securities Ltd. to acquire shares of the Company at $0.50 for
providing fiscal agency services and corporate finance advices to the
Company. The non transferable options are valid for
a period of one (1) year and expire January 31, 2012. The options are
conditional upon regulatory approval and shall be legended
with a four month hold period ending June 1st, 2011.
Resources Inc. is a publicly listed company trading on the TSX Venture
press release was prepared by Explor Resources Inc.
Neither 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 release.
Explor Resources Inc.
Resources Inc. is a Canadian-based natural resources company with mineral
holdings in Ontario, Quebec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi
Greenstone Belt. The belt is found in both provinces of Ontario and Quebec
with approximately 33% in Ontario and 67% in Quebec. The Belt has produced in
excess of 180,000,000 ounces of gold and 450,000,000 tonnes
of cu-zn ore over the last 100 years. The Company
is headquartered in Quebec and was incorporated in Alberta in 1986.
document may contain forward-looking statements relating to Explor's operations or to the environment in which it
operates. Such statements are based on operations, estimates, forecasts and
projections. They are not guarantees of future performance and involve risks
and uncertainties that are difficult to predict and may be beyond Explor's control. A number of important factors could
cause actual outcomes and results to differ materially from those expressed
in forward-looking statements, including those set forth in other public
filling. In addition, such statements relate to the date on which they are
made. Consequently, undue reliance should not placed on such forward-looking statements. Explor disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be required
by applicable securities laws.
Explor Resources Inc.
888-997-4630 or 819-797-4630