Prince Silver Grants Shares through Stock Options
Prince Silver Corp, a silver exploration company, is gearing up for its inaugural drill program this summer at the Pioche Shale, a significant part of their flagship Prince Silver Project in Nevada, USA. The project shows substantial tonnage upside potential, with historic drilling indicating a near-surface deposit open in all directions, suggesting strong exploration upside.
The company, led by Dr. Robert Wrixon, a newly appointed director, is also interested in other nearby exploration projects, such as the Stampede Gap Project and the Broken Handle Project. However, its main focus remains advancing exploration at the Prince Silver Project.
Recent company activity includes the granting of stock options to management to align interests with shareholders, signalling ongoing corporate structuring and preparation for increased exploration and development activity.
The securities offered by Prince Silver Corp have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws. They may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Prince Silver Corp has granted 3,150,000 incentive stock options to its directors, officers, and consultants. The options are exercisable at C$0.50 per common share for a 5-year period from the date of grant.
The forward-looking statements in this news release are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect.
For more information about Prince Silver Corp, visit their website at www.princesilvercorp.com. Ralph Shearing, Director and President, can be reached at (604) 764-0965 or [email protected].
The CSE has neither approved nor disapproved the contents of this press release and the CSE does not accept responsibility for the adequacy or accuracy of this release. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, business, economic, and capital market conditions, the ability to manage operating expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the Acquisition and related transactions, and compliance with property option agreements.
