Aldebaran Grants Incentive Stock Options
January 22 2025 - 11:30AM
Aldebaran Resources Inc. (the
"Company")
(TSX-V: ALDE, OTCQX:
ADBRF) announces that incentive
stock options have been granted to directors, officers, employees
and consultants to purchase up to 7,150,000 common shares at a
price of $1.74 per share for five years, pursuant to its Stock
Option Plan. These stock options will vest over a two year period.
The Company currently has 169,914,120 shares issued and
outstanding, along with 13,980,000 options (including the options
described above) outstanding.
ON BEHALF OF THE ALDEBARAN BOARD
(signed) “John
Black”
John BlackChief Executive Officer and DirectorTel: +1 (604)
685-6800Email: info@aldebaranresources.com
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further information, please consult our website at
www.aldebaranresources.com or
contact:Ben CherringtonManager, Investor RelationsPhone:
+1 347 394-2728 or +44 7538 244 208Email:
ben.cherrington@aldebaranresources.com
About Aldebaran Resources Inc.
Aldebaran is a mineral exploration company that was spun out of
Regulus Resources Inc. in 2018 and has the same core management
team. Aldebaran holds a 60% interest in the Altar copper-gold
project in San Juan Province, Argentina and is proceeding to
formalize an earn-in of an additional 20% interest. The Altar
project hosts multiple porphyry copper-gold deposits with potential
for additional discoveries. Altar forms part of a cluster of
world-class porphyry copper deposits which includes Los Pelambres
(Antofagasta Minerals), El Pachón (Glencore), and Los Azules
(McEwen Copper). In November 2024, the Company announced an updated
mineral resource estimate for Altar, including the three main
porphyry discoveries (Altar Central, Altar East, and Altar United)
reported within a single conceptual open pit (report prepared by
Independent Mining Consultants, Inc., titled “Technical Report,
Estimated Mineral Resources, Altar Project, San Juan Province,
Argentina”, dated December 31, 2024 - see Company news releases
dated November 25, 2024 and January 9, 2025).
Neither the 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 release.
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