VAL-D'OR MINING CORPORATION GRANTS INCENTIVE STOCK OPTIONS
OCTOBER 24, 2018
Val-d'Or, Québec, October 24, 2018 — Val-d'Or Mining Corporation (TSX-V:MZZ) (the "Company") announces that it has granted incentive stock options to the Company's directors, officers, employees and consultants, which entitle the purchase of an aggregate 510,097 common shares in the capital of the Company at a per share exercise price of $0.11 until October 24, 2023. Any common shares issued on exercise of these options will be subject to a hold period until February 25, 2019, pursuant to applicable legislation and the policies of the TSX Venture Exchange.
About Val-d'Or Mining Corporation
Val-d'Or Mining Corporation is a junior natural resource issuer involved in the process of exploring, evaluating and promoting its mineral property assets. The Company holds an option to acquire a 100% interest in 61 grassroots properties in the Abitibi Greenstone Belt, located in NE Ontario and NW Québec; in addition to which it holds a 100% interest in the Shoot-Out Prospect, consisting of 63 claims located in the Raglan Belt of Nunavik, Québec, subject to a 3% NSR. The Company continues to review new opportunities.
For additional information, please contact:
Glenn J. Mullan
2864 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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