Aldridge Minerals Inc. (TSX-V: AGM) (“Aldridge” or the “Company”)
announces that the Company has granted 500,000 stock options to two
directors of the Company. The options are exercisable at a price of
$0.17 per common share and expire in 5 years. One quarter vest
immediately upon grant and one quarter vest on each of the first,
second, and third anniversaries. 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 Massive
Sulfide Project (Au, Ag, Cu, Pb, Zn) in Turkey, a country that is
committed to developing its natural resources. Aldridge completed the
Yenipazar Optimization Study and filed the related technical report in
May 2014, which updated the original May 2013 Feasibility Study. The
Company is currently advancing the Yenipazar Project on key aspects
including land acquisition, project financing, and engineering.
www.aldridgeminerals.ca
Caution Regarding Forward-Looking Information
This news
release may include 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. Such risks, uncertainties
and factors including meeting conditions for advances under the Loan and
the other factors discussed under the heading “Risk Factors” in the
Company’s Management’s Discussion and Analysis and Annual Information
Form for the year ended December 31, 2014 and in other continuous
disclosure filings made by the Company with Canadian securities
regulatory authorities and available at www.sedar.com.
Any number of important factors could cause actual results to differ
materially from these forward-looking statements as well as future
results.
Forward-looking information is based on a number of factors and
assumptions which have been used to develop such information but which
may prove to be incorrect, including, but not limited to, assumptions in
connection with the continuance of Aldridge and its subsidiaries as a
going concern, general economic and market conditions, mineral prices,
the accuracy of mineral resource estimates. 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 time
frames 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 unless 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.
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