North Arrow Grants Stock Options
November 08 2019 - 3:30PM
North Arrow Minerals Inc. (TSXV-NAR) announces
that, pursuant to North Arrow's Stock Option Plan, the Company has
granted a total of 2,970,000 incentive stock options to Directors,
Officers, Employees and consultants to the Company. The stock
options are exercisable to acquire one common share of North Arrow
at $0.10 per share and can be exercised until November 8, 2024.
About North Arrow Minerals
North Arrow is a Canadian based exploration
company focused on the identification and evaluation of diamond
exploration opportunities in Canada. North Arrow’s management,
board of directors and advisors have significant successful
experience in the global diamond industry. North Arrow’s most
advanced project is the Q1-4 diamond deposit at the Naujaat Project
(NU) where planning is underway for collection of a large, 10,000
tonne bulk sample. The Company has discovered and is evaluating
kimberlite fields at the Mel (NU) and Pikoo (SK) Projects, is
evaluating and exploring for additional kimberlites at the Loki
Project (NWT) and the LDG JV Project (NWT) with partner Dominion
Diamond Mines. The Company also maintains a 100% interest in the
Hope Bay Oro Gold Project (NU), located approximately 3 km north of
TMAC Resources’ Doris Gold Mine.
North Arrow Minerals Inc.
/s/ “Kenneth A. Armstrong”Kenneth
ArmstrongPresident and CEO
For further information, please contact:Ken
ArmstrongTel: 604-668-8355 or 604-668-8354Website:
www.northarrowminerals.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider accepts responsibilityfor the adequacy
or accuracy of this release.
This news release contains "forward-looking
statements" including but not limited to statements with respect to
North Arrow’s plans, the estimation of a mineral resource and the
success of exploration activities. Forward-looking statements,
while based on management's best estimates and assumptions, are
subject to risks and uncertainties that may cause actual results to
be materially different from those expressed or implied by such
forward-looking statements, including but not limited to: risks
related to the successful integration of acquisitions; risks
related to general economic and market conditions; closing of
financing; the timing and content of upcoming work programs; actual
results of proposed exploration activities; possible variations in
mineral resources or grade; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes,
title disputes, claims and limitations on insurance coverage and
other risks of the mining industry; changes in national and local
government regulation of mining operations, tax rules and
regulations. Although North Arrow has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking statements,
there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that
such statements 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 statements. North Arrow undertakes no
obligation or responsibility to update forward-looking statements,
except as required by law.
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