Falco Pacific Announces Granting of Stock Options
06 Março 2014 - 11:13PM
Marketwired
Falco Pacific Announces Granting of Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 6, 2014) - Falco
Pacific Resource Group Inc. ("Falco Pacific" or the "Company")
(TSX-VENTURE:FPC) announces the granting of incentive stock options
to certain of its consultants to purchase up to 300,000 common
shares in its capital stock at a price of $0.70 per share,
exercisable for a period of three years. 100,000 of the stock
options are being granted to Torrey Hills Capital, Inc. ("Torrey
Hills"), in accordance with the terms of the investor relations
services agreement entered into between the Company and Torrey
Hills (the "Torrey Hills Agreement"). The options granted to Torrey
Hills will vest quarterly over twelve months. Upon termination of
the Torrey Hills Agreement, any vested options will be cancelled
after 30 days in accordance with the provisions of the Company's
stock option plan and the policies of the TSX Venture Exchange.
About Falco Pacific Resource Group
Founded in 2012 with the acquisition of the 728 square kilometre
Rouyn Noranda Project in Quebec, Falco Pacific is focussed on the
evaluation of precious and base metal targets in one of the world's
great mining camps. Horne 5 Deposit represents the largest,
partially developed gold deposit in the southern portion of the
Abitibi greenstone belt. Horne 5 is one of a number of known zones
of gold and gold-base metal mineralization, which form the Horne
Mine Complex, centered around the former producing Horne
copper-gold deposit.
For more information, please go to www.falcopacific.com.
On behalf of the Board of Directors of FALCO PACIFIC RESOURCE
GROUP
Kelly Klatik, 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 press release.
This news release contains forward-looking statements and
forward-looking information (together, "forward-looking
statements") within the meaning of applicable securities laws and
the United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements include terms of the transaction,
including acquisition costs, shares to be issued and approval of
the TSX Venture Exchange and future plans. Forward-looking
statements involve risks, uncertainties and other factors that
could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied
by such forward-looking statements. Factors that could cause actual
results to differ materially from these forward-looking statements
include those risks set out in the Company's public documents filed
on SEDAR at www.sedar.com. Although the Company believes that the
assumptions and factors used in preparing 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 times frames or at all. Except where required by
law, the Company disclaims any intention or obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
This press release is not, and is not to be construed in any way
as, an offer to buy or sell securities in the United States.
Falco Pacific Resource GroupMr. Dean LindenBusiness
Development+1.425.449.9442info@falcopacific.comFalco Pacific
Resource GroupMs. Deanna KressCorporate
Communications+1.778.999.6063dkress@falcopacific.comwww.falcopacific.com
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