VANCOUVER, British Columbia, July 11, 2018 (GLOBE NEWSWIRE) -- Mountain Boy Minerals Ltd. (the “Company” or “Mountain Boy”) (TSX.V:MTB) announces the appointment of Nancy Curry as VP Corporate Development and the grant of incentive stock options.
Appointment of Nancy Curry as VP Corporate Development
Ms. Curry brings over 25 years of financial market, strategic planning and public company management experience to Mountain Boy. Nancy began her career working in the brokerage industry and since 1995 has worked with several mineral resource and development companies. Nancy will bring industry recognized best practices for Corporate Communications and Investor Relations programs to Mountain Boy, in addition to strengths in corporate development, finance and strategic planning. Nancy was VP Corporate Communications for Diamonds North Resources Ltd. (2002 through 2010) where that company was nominated twice for Best Investor Relations by a TSX Venture Exchange Company by IR Magazine. In 2014, Nancy founded her own company, MarketWorks Corporate Communication.
Mountain Boy has entered into a six-month term contract with Nancy Curry as of July 3rd, 2018, which may be extended by mutual agreement or terminated by either party on 30 days notice. Nancy will receive $3,000 per month and has been awarded 3,000,000 options with an exercise price of $0.08.
Grant of incentive stock options
Mountain Boy announces the grant of incentive stock options under the Company´s stock option plan to directors, officers, employees and consultants of the Company to purchase up to an aggregate of 10,800,000 treasury shares. The options are exercisable at a price of $0.08 per share for a period of 5 years and are subject to the policies of the TSX Venture Exchange and the Company’s stock option plan.
About Mountain Boy Minerals Ltd.
Mountain Boy Minerals Ltd. is a Canadian based mineral exploration company with a property portfolio of gold and silver projects within the Stewart region located in the very prolific area of British Columbia´s Golden Triangle. It owns 20% of the Silver Coin project, a gold-silver-base metals project that has a NI43-101 compliant resource estimate, 35% the Red Cliff gold-silver project, on which drilling is presently underway, 100% of the high grade MB Silver project, and 100% of the BA and Surprise Creek VMS silver-base metal projects. For a complete listing of the Company assets and developments, visit the Company website at www.mountainboyminerals.ca.
ON BEHALF OF THE BOARD OF MOUNTAIN BOY MINERALS LTD.
Chief Executive Officer
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 RELEASE.
THIS NEWS RELEASE CONTAINS FORWARD–LOOKING STATEMENTS RELATED TO THE ANTICIPATED CLOSING OF THE ROYALTY PURCHASE. FORWARD-LOOKING STATEMENTS ADDRESS FUTURE EVENTS AND CONDITIONS AND THEREFORE INVOLVE INHERENT RISKS AND UNCERTAINTIES, INCLUDING RISKS RELATED TO RECEIPT OF REQUIRED REGULATORY APPROVAL AND GENERAL TRANSACTION CLOSING RISK. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE CURRENTLY ANTICIPATED IN SUCH STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE EXCEPT AS OTHERWISE REQUIRED BY APPLICABLE SECURITIES LAWS.
410-325 Howe Street
Vancouver, British Columbia
Canada V6C 1Z7
Tel: (604) 687-3520
Fax: 1-888-889 4874