Nunavik Nickel Mines Grants Incentive Stock Options
| MAY 18, 2016
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Val-d’Or, Québec – May 18, 2016 – Nunavik Nickel Mines Ltd. (“Nunavik”) (TSX-V:KZZ) announces that its Board of Directors has granted incentive stock options to directors, officers, employees and consultants entitling the purchase of an aggregate 446,801 common shares of Nunavik at a per share price of $0.065 until May 16, 2021.
About Nunavik Nickel Mines Ltd.
Nunavik Nickel Mines Ltd. holds title to the Fortin Property, the Marymac Prospect, the Shoot Out Prospect (East and West combined) and the Donnybrook and Overtime Claims, which were previously held by Golden Valley Mines Ltd., and may acquire and generate other nickel ventures in Canada and elsewhere.
For additional information, please contact:
President & Chief Executive Officer 2864 chemin Sullivan
Val-d’Or, Québec J9P 0B9
Forward Looking Statements:
This news release contains certain statements that may be deemed “forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
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