TORONTO, Feb. 8, 2018 /CNW/ - Amato Exploration Ltd. (the
"Company" or "Amato") announces that effective February 6, 2018 it has granted incentive stock
options to its directors to purchase up to 2,500,000 common shares
of the Company at a price of $0.06
per share. The stock options are exercisable on or before
February 6, 2023.
The stock options are being granted pursuant to the terms of the
Company's stock option plan and are subject to regulatory approval.
Following the grant of options, the Company has 2,500,000 stock
options outstanding.
DISCLAIMER
This news release contains forward-looking statements which
reflect management's current expectations regarding the Company's
objectives, plans, goals, strategies, future growth, results of
operations, performance and business prospects and opportunities.
These forward-looking statements are not guarantees, but only
predictions. Although the Company believes that these statements
are based on information and assumptions which are current,
reasonable and complete, these statements are necessarily subject
to a number of factors that could cause actual results to vary
significantly from current expectations. These factors and other
risks and uncertainties are discussed in the Company's materials
filed with the Canadian securities regulatory authorities from time
to time, as identified in the Company's disclosure record on
www.sedar.com. The forward-looking statements included in this news
release are made only as of the date of this news release and the
Company does not undertake to publicly update these forward looking
statements to reflect new information, future events or otherwise,
except as required by law.
Neither the 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 news release.
SOURCE Amato Exploration Ltd.