VANCOUVER, BC, July 9, 2021 /CNW/ - ATAC Resources Ltd.
(TSXV: ATC) ("ATAC" or the "Company") announces that it has granted
incentive stock options to its directors, officers, employees and
consultants, entitling them to purchase up to a total of 2,950,000
shares at a price of $0.18 per share
for a period of five years. The options will vest on a
quarterly basis commencing three months from the date of grant.
About ATAC
ATAC is a Vancouver-based
exploration company focused on exploring for gold and copper in
Yukon and Nevada. Work on
its ~1,700 km2 Rackla Gold Property in Yukon has resulted in the Osiris Project
Inferred Mineral Resource of 1,685,000 oz of gold at an average
grade of 4.23 g/t (in 12.4 Mt), the Tiger Deposit Measured &
Indicated Mineral Resource of 464,000 oz of gold at an average
grade of 3.19 g/t (in 4.5 Mt), a positive Preliminary Economic
Assessment for the Tiger Gold Deposit (Pre-tax NPV of $118.2M and IRR of 54.5%), and numerous
early-stage gold and base metal discoveries. ATAC is
well-financed with approximately $9
million in working capital.
On behalf of Management and the Board of Directors of ATAC
Resources Ltd.
Graham Downs, President and
CEO
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 ATAC Resources Ltd.