www.aldridgeminerals.ca
Twitter: @AldridgeAGM
TSX-V: AGM
TORONTO, Nov. 27, 2013 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM)
("Aldridge" or the "Company") announces that the Company has granted a
total of 1,450,000 stock options to directors, officers and employees
of the Company. All options are exercisable at a price of $0.20 per
common share. One quarter of the options vest immediately, one quarter
on the first anniversary, one quarter on the second anniversary and the
balance on the third anniversary. They expire in 5 years. This grant
of options is subject to acceptance by the TSX Venture Exchange.
About Aldridge
Aldridge is a development stage mining company focused on its wholly
owned Yenipazar polymetallic VMS Project (Au, Ag, Cu, Pb, Zn) in
Turkey, a country that is committed to developing its natural
resources. Aldridge completed the Yenipazar Feasibility Study and filed
the related NI 43-101 compliant technical report in May 2013 and is
currently advancing the Project on key aspects including optimizing the
Feasibility Study, permitting, and project financing.
Caution Regarding Forward-Looking Information
This news release includes certain forward-looking statements within the
meaning of Canadian securities laws. Forward-looking statements involve
risks, uncertainties and other factors that could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed in such forward-looking statements. Forward-looking
statements in this news release, include, but are not limited to,
economic performance and future plans and objectives of Aldridge. Any
number of important factors could cause actual results to differ
materially from these forward-looking statements as well as future
results. Although Aldridge believes that the assumptions and factors
used in making the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply as
of the date of this news release, and no assurance can be given that
such events will occur in the disclosed timeframes or at all. Aldridge
disclaims any intention or obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
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 Aldridge Minerals Inc.
Barry Hildred
Chairman of the Board
(416) 523-3742
David Carew
Director of Corporate Development & Corporate Secretary
(416) 477-6984
Copyright CNW Group 2013