/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES OF
AMERICA./
Trading Symbols: TSX-V: ZFR
OTC-ZPHYF
Shares Outstanding: 67,986,985
HALIFAX, NS, Jan. 13, 2022 /CNW/ - Zephyr Minerals
Ltd. ("Zephyr" or the "Company") (TSX-V: ZFR) (OTC:
ZPHYF), has granted 1,250,000 stock options to
consultants and directors and officers of the Company. The stock
options are exercisable at a price of $0.16 per share for a term of five years expiring
January 13, 2027. The options are
granted in accordance with the Company's stock option plan and as
set forth by TSX Venture Exchange ("TSX-V") policy and are subject
to the approval of the TSX-V.
About Zephyr Minerals Ltd.
Zephyr Minerals Ltd. has applied for a mining permit at its 100%
owned high grade Dawson-Green
Mountain property in Colorado,
USA. After expanding its land package to 1,385 hectares
(3,574 acres) the Company now controls a 12.2 kilometer long
Dawson-Green Mountain mineralized
trend. The Company has also begun new project evaluation in
Zimbabwe with focus on
underexplored areas with the potential to host world class mineral
deposits.
CAUTIONARY STATEMENT:
Neither 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. The forward-looking statements contained in this
document are based on certain key expectations and assumptions made
by the Company, including, with respect to the use of funds and
expectations and assumptions concerning timing of receipt of
required regulatory approvals. The forward-looking statements
contained in this document are made as of the date hereof and the
Company undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of
new information, future events or otherwise, unless so required by
applicable securities laws.
SOURCE Zephyr Minerals Ltd.