Alder Grants Stock Options
March 13 2014 - 6:00AM
Marketwired
Alder Grants Stock Options
TORONTO, ONTARIO--(Marketwired - Mar 13, 2014) - Alder Resources
Ltd. ("Alder" or the "Company") (TSX-VENTURE:ALR) has granted a
total of 1,437,000 stock options to various directors, officers,
employees and consultants. The options may be exercised at a price
of $0.05 per common share for a period of five years from the date
of grant. The grant of options remains subject to the approval of
the TSX Venture Exchange.
About Alder Resources Ltd.
Alder is a resource company focused on the development of gold
and base metal projects throughout the Americas. Alder's current
high priority Cu-Au-Ag porphyry target is the Rosita project in
Nicaragua located 275 kilometres northeast of Managua. The company
has current Inferred mineral stock pile resources of 7.95 million
tonnes grading 0.62% Cu, 0.46 g/t Au and 9.21 g/t Ag. See the
technical report entitled "Rosita Cu-Au-Ag Project, RAAN,
Nicaragua, NI 43-101 Technical Report on Mineral Resource Estimate
of Rosita Stockpiles" effective as of May 8, 2012, which is
available under the Company's profile at www.sedar.com.
In August 2011, Alder entered into an option agreement to
acquire a 65% interest in the Rosita D concession from Calibre
Mining Corp. by issuing 1,000,000 shares and incurring expenditures
of $4,000,000 over four years. To date Alder has incurred
approximately $3.3 million of the $4.0 million obligation and has
until October 2015 to incur the remaining project expenditures.
For additional information, please visit our website at
www.alderresources.ca and follow us on Facebook, LinkedIn and
Twitter: @AlderResources.
Qualified Persons
Don Dudek, P. Geo., Alder's President and CEO and a qualified
person as defined by NI 43-101, has reviewed and approved the
scientific and technical content of this news release.
Cautionary Note Regarding Forward-looking Information
This press release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation.
Forward-looking information includes, without limitation,
statements regarding the Company's mineral resource estimate and
future plans. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Alder to be materially different from those expressed or implied by
such forward-looking information, including but not limited to:
general business, economic, competitive, geopolitical and social
uncertainties; the actual results of current exploration
activities; risks associated with operations in foreign
jurisdictions; ability to successfully integrate the purchased
properties; and other risks inherent in the mining industry.
Although Alder has attempted to identify important factors that
could cause actual results to differ materially from those
contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking information. Alder does not undertake to update any
forward-looking information, except in accordance with applicable
securities laws.
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.
Alder Resources Ltd.Michael
McAllister416-309-2134info@alderresources.cawww.alderresources.ca
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